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Wednesday, December 16th PC Industry Strong: Apple Cited As Number One Reason! The Report concludes that short term optimism is at a 5-year high and cites Apple's recovery as a major contributing factor. The Report also cites a shift to new channel strategies, primarily e-commerce, and the realization that the Asian Crisis is not going to greatly impact the PC industry as other major factors contributing to the optimism. In a strong boost to Apple's perceived value, the Report says that Apple Computer was the "single biggest contributor" to long term optimism which is also near a 5-year high. According to Charles B. Goldenberg, partner in the High Technology Group of Deloitte Consulting:
Other aspects of the Report find that the streamlining of inventory systems and shortened product cycles have left the entire industry much leaner than it used to be. Apple Computer is currently the industry leader in low inventory levels with a 6 day supply on hand. Requests for the full report can be e-mailed directly to Deloitte Consulting. The Mac Observer Spin: Earlier this year a PC executive (from a company I can not remember) said it was ridiculous that Apple got as much press as it did when it had as little market share as it did. This is an understandable reaction from someone who honestly does not understand Apple or the Mac (which I am assuming he does not). Apple is and will remain different from the rest of the industry. A measure of this difference is laid before us in the PC-CITE Report. That Apple's recovery could have such a major impact on the entire industry is a testament to this difference. Other computing companies rise and fall all the time, but the entire world seems to hold its breath while it looks on Apple's fortune. The Y2K Bug, the Asian Crisis, the end of the Millennium itself, and even President's Clinton's troubles are all unsettling to much of the world, but Apple helps lift the entire PC Industry. Simply amazing.
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