Global Economics

A Cheaper MacBook Is Coming from Apple

On Sunday, it was discovered that Apple (AAPL) will most likely be releasing the most inexpensive MacBook yet. The expected cost for the new cheaper MacBook would be $799, with a more expensive MacBook Pro 13-inch also being released for $1,099.

Apple has yet to confirm these price points and new MacBook releases, but this leaked information reported by Forbes would place both computer versions at $200 less in price than their 2020 counterparts.

With the current increased demand for computers due to many schools performing distance learning and employers offering work-from-home options, many consumers will most likely welcome the choice of a cheaper computer option from Apple. Current economic positions in the U.S. resulting from the ongoing virus pandemic also have many Americans stretching their pockets further and potentially struggling to accommodate more expensive tech purchases.

In other Apple news, Apple also has confirmed a new surprise release of the iPhone 12. According to an Apple representative speaking with Forbes, there will be a delay in the release of the new iPhone 12. This delay is apparently due to an intent to “stagger” the release of the iPhone 12 and iPhone 12 Pro models.

In China, the Apple app store also removed over 30,000 apps from the local store over the weekend, citing licensing issues. This move can reportedly be expected to affect ad sales for companies such as ByteDance, owners of popular video-sharing app TikTok.

At the market close on Friday, Apple stocks were up 10.47% to $425.04 cost per share.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Trader Buzz). I have no business relationship with any company whose stock is mentioned in this article.


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