Apple Cuts Prices on Power Macs

By Julio Franco
Jan 28, 2003
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  1. Apple Computer Inc. on Tuesday cut prices on its high-end Power Mac line of desktop computers and on its flat-panel display monitors amid slumping demand for personal computers.

    Apple cut the price of the 1 gigahertz Power Mac G4, which runs at a speed of 1 billion cycles per second, to $1,499 from $1,699. That's the lowest price point it has offered in the Power Mac line since the late 1990s, said Tom Boger, director of Power Mac product marketing.

    Read more: Washington Post.
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