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February 28, 2006

Apple Rolls Out New Mac Mini With Intel Chip (Reuters)

Personal Tech Pipeline

SAN FRANCISCO (Reuters) - Apple Computer Inc. <AAPL.O> on Tuesday introduced both a new Mac mini powered by an Intel <INTC.O> chip the company said was nearly five times faster than the previous version and a new iPod home stereo box.

Apple Chief Executive Steve Jobs said the new Mac mini with a single core Intel chip was as much as three times faster than the previous version. He also said the Mac mini with an even more powerful dual core Intel chip was nearly five times as fast as the previous version.

Jobs said the single core Mac mini sells for $599 while the machine with the dual core chip retails for $799. Both models as well as the iPod Hi-Fi selling for $349 are available today, Jobs said.

The new products come as Apple is moving its entire lineup of Macintosh notebook and desktop PCs and servers to Intel microprocessors by the end of 2006.

At the Macworld conference in January, Jobs unveiled the MacBook Pro notebook and the iMac all-in-one desktop PC, both of which use Intel's chips and related elements.

Shares of Apple were trading down 28 cents at $70.70 on Nasdaq.

Copyright 2006 Reuters. Click for Restrictions

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