The low end also picked up some savings with the single processor 400 MHz PowerMac G4 starting at US$1299 (US$300 off) and the low end Cube starting US$1499 (US$300 off). The low end PowerBook is priced at US$1999 which represents an official savings of US$500. iBook and iMac pricing appears to be unchanged as of this writing. With no mention of the rebates that Apple had been offering, there is no indication those are available in addition to the price cuts, though chances are they are probably not. As of press time (which was before Appleis offices opened), Apple had not returned our messages.
These latest price cuts come as the next step in Appleis efforts to clear up some 11 weeks of inventory that built up during the companyis 1st fiscal quarter. That inventory buildup occurred as Apple ran into problems in their education-sales efforts and a world-wide slowdown that impacted the entire computing industry. Steve Jobs has said that Apple will be solving this problem as quickly as possible, hence the price cuts. In addition, Apple is largely expected to introduce new products at next weekis MACWORLD San Francisco 2001 expo.
Head over to the Apple Store to find more information on the products and the new prices.