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 © 2026 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

California, Florida Reps File Latest Bill to Repeal Section 230

Two members of Congress on Thursday introduced new legislation to repeal Section 230 of the Communications Decency Act, which protects interactive computer services — including adult platforms — from liability for user-generated content.

Admaze Introduces Flat-Rate Media Buying for Publishers, Advertisers

Adult ad network and agency Admaze has introduced a flat-rate media buying model for publishers and advertisers.

Centro Launches Lifetime Revenue Share Affiliate Program 'CentroPulse'

Centro has launched CentroPulse, its new lifetime revenue share affiliate program for performance marketers, adult traffic affiliates, established webmasters, and sub-affiliate network operators.

Fanstage Launches Telegram Sales Solution

Fanstage has launched its new platform, allowing creators to sell PPV content directly from their Telegram DMs.

Second Bill Proposed to Shield US Sites From 'Foreign Censorship'

For the second time in recent weeks, a Republican congressman has introduced legislation to bar U.S. courts from helping to enforce foreign laws restricting speech that would domestically be protected under the First Amendment, potentially including foreign age verification laws.

SextPanther Launches in EU, UK

SextPanther has expanded its territory to include the U.K. and E.U.

Segpay Expands to Australia, Names Sam O'Connell Managing Director

Segpay has expanded its territory to include Australia and named Sam O’Connell as managing director of its Australian operation.

Ondato Joins ASACP as Corporate Sponsor

Age and identity verification company Ondato has signed on as the latest corporate sponsor for Association of Sites Advocating Child Protection (ASACP).

2026 XBIZ Amsterdam Conference Schedule Announced

XBIZ is pleased to announce the release of the full show schedule for XBIZ Amsterdam, set to take place Sept. 10-13 at Passenger Terminal Amsterdam.

Ukrainian Legislators Revive Porn Decriminalization Push

The Verkhovna Rada, Ukraine’s parliament, is once again considering a bill that would decriminalize the creation and distribution of pornography in that country — an activity that currently carries a prison sentence of three to five years.

Show More