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Read more with google mobile : Apple gears up for Black Friday sale | Technology |
My Profile Holiday Gift Guide Gift ideas & reviews for this holiday season Start Browsing You are here: Home > News > Technology > Article Home Business & Finance News U.S. Politics International Technology Internet Holiday Gift Guide Entertainment Sports Lifestyle Oddly Enough Environment Health Science Special Coverage Video Pictures You Witness The Great Debate Blogs Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters You Witness News Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters Apple gears up for Black Friday sale Wed Nov 26, 2008 5:44pm EST Email | Print | Share | Reprints | Single Page [-] Text [+] SAN FRANCISCO (Reuters) - Apple Inc, facing a tight U.S. consumer spending environment, is gearing up for a one-day sale on Friday and at least one analyst expects the company to offer discounts of up to 15 percent. The day after Thanksgiving, known as Black Friday, is the traditional kickoff to the U.S. holiday shopping season and one of the biggest buying days of the year for consumers. The outlook for the computer and consumer electronics industry is universally grim, with shoppers widely expected to cut back on purchases as a recession looms. An announcement on Apple's website said the online store is holding a "one-day-only holiday shopping event. You'll find dozens of great iPod, iPhone, and Mac gift ideas." An Apple spokesman declined to provide details. Apple products are typically more expensive than those of competitors, and it doesn't offer price reductions very often. Kaufman Bros analyst Shaw Wu said in a research note that he expects Apple's Black Friday promotions to be "a little more aggressive than usual." Wu expects Mac computers, iPod digital media players and accessories to be discounted up to 15 percent, but said it was unclear whether the iPhone would also be on sale. In years past, Apple has cut prices by 5 percent to 10 percent. Retailers, including Best Buy Co Inc and Amazon.com Inc, are already discounting Apple products. The Best Buy website is currently offering $100 to $150 off certain MacBook laptops. Wu also said many Apple stores are electing to match the price discounts of resellers. Apple shares rose 2.7 percent to $93.23 on Tuesday, in line with other technology issues on Nasdaq. (Reporting by Gabriel Madway; editing by Jeffrey Benkoe) © Thomson Reuters 2008 All rights reserved Share: Del.icio.us Digg Mixx My Web Facebook LinkedIn Next Article: Woman cleared of felonies in MySpace suicide case pictures Slideshow Tech watch The latest gadgets and gizmos in the world of technology. Slideshow Video Reuters Technology Week Play Video More Video... Editor's Choice Pictures Video Articles Slideshow A selection of our best photos from the past 24 hours. 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Wednesday, 26 November 2008 - Apple gears up for Black Friday sale
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