Trouble at Apple — No More iMacs

CUPERTINO, Calif. — Ouch! Major slip-up at Apple Computer Inc.

The company said Friday that it has run out of iMacs.

In a statement, Apple said it had stopped taking orders for the current generation of iMacs and expects its inventory of these machines to run out in the next few weeks.

It also said that its new version of the iMac won't be ready until September, two months later than planned. Many industry experts expected Apple to unveil a new iMac at its worldwide developer conference in San Francisco this week.

"We planned to have our next generation iMac ready by [this] time. ... But our planning was obviously less than perfect," Apple said in a press release. "We apologize for any inconvenience to our customers."

The error in planning comes at a particularly bad time for the Cupertino, Calif., computer maker, because it means Apple won't have a current model for its core markets — schools and universities at the beginning of the back-to-school shopping season.

Overall sales are likely to suffer, because Apple won't have a consumer-oriented desktop computer available for much of the current quarter, which ends in late September.

The delay is another problem for Apple's computer division, which steadily has been losing market share. Apple sold just 1.7 percent of the world's personal computers in the first quarter, down from 2 percent in the first quarter of 2001.

In the first quarter of this year, Apple shipped 217,000 iMacs, down 15 percent from 256,000 units in the same quarter a year earlier.

In reaction to the news, Apple shares dropped significantly Friday, sinking $1.24, or 3.8 percent, to $31.06 in midday trading on the Nasdaq Stock Market.

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

NATS Launches Integrated Content Management System

Too Much Media (TMM) has rolled out an integrated, no-charge Content Management System (CMS) to its NATS platform.

AEBN Reveals Avery Lust as Top Trans Star for Q3 of 2025

AEBN has published its top trans stars list for the third quarter of 2025, with Avery Lust landing atop the leaderboard.

FSC: California's Device-Based AV Law Does Not Apply to Adult

The Free Speech Coalition (FSC) put out an advisory today explaining that California's new device-based age verification law does not apply to adult websites.

Reena Sky Launches New Paysite

Reena Sky has launched her new official paysite, ILoveReenaSky.com.

NextGen Payment Joins ASACP as Corporate Sponsor

NextGen Payment has signed on as the latest corporate sponsor for the Association of Sites Advocating Child Protection (ASACP).

Lauren Phillips, Derek Kage Cap AEBN's Top Stars for 3rd Quarter of 2025

AEBN has revealed its most popular performers in straight and gay theaters for the third quarter of 2025.

XBIZ 2026 Conference to Debut All-New Company Lounges, Community Track

The event website for XBIZ 2026 is now live, unveiling details for North America’s largest adult industry conference, including two all-new show features: Company Lounges and a Community Track.

Mymember.site Integrates VR Functionality

Mymember.site has added virtual reality playback capability to its website management platform.

Texas Patti to Launch Fetish Platform 'EmpireDom'

Performer and content creator Texas Patti is launching a new platform for doms and fetish creators, EmpireDom.com.

Ohio AG Threatens Action Against 'Major' Adult Sites Over AV Law

Ohio Attorney General Dave Yost announced today that his office is sending "notice of violation" letters to 19 adult websites for failure to comply with the state's recently enacted age verification law.

Show More