Apple’s AAPL -0.06% ▼ latest target with its refreshed lineup is the makers of Chromebooks and Windows personal computers. On Wednesday, the consumer electronics giant launched the MacBook Neo, a $599 13-inch PC, dubbing it its “most affordable laptop ever.”
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The launch comes as soaring memory-chip prices squeeze PC makers’ profit margins, and the market is bracing for its steepest drop in device shipments in over a decade. The MacBook Neo puts Apple in direct competition with Chromebook makers using Alphabet’s GOOGL +0.09% ▲ ChromeOS and producers of Windows PCs powered by Microsoft’s MSFT +0.21% ▲ operating system.
The largest such vendors include Lenovo LNVGY +0.36% ▲ , HP HPQ +0.29% ▲ , and Dell Technologies DELL +0.18% ▲ , with other significant players such as Acer, ASUS (ASUUY), and Samsung SSNLF +54.05% ▲ .
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Apple (AAPL) Launches ‘Most Affordable Laptop Ever’ in Challenge to Windows PC Makers
Apple’s AAPL -0.06% ▼ latest target with its refreshed lineup is the makers of Chromebooks and Windows personal computers. On Wednesday, the consumer electronics giant launched the MacBook Neo, a $599 13-inch PC, dubbing it its “most affordable laptop ever.”
Claim 50% Off TipRanks Premium
Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
Stay ahead of the market with the latest news and analysis and maximize your portfolio’s potential
The launch comes as soaring memory-chip prices squeeze PC makers’ profit margins, and the market is bracing for its steepest drop in device shipments in over a decade. The MacBook Neo puts Apple in direct competition with Chromebook makers using Alphabet’s GOOGL +0.09% ▲ ChromeOS and producers of Windows PCs powered by Microsoft’s MSFT +0.21% ▲ operating system.
The largest such vendors include Lenovo LNVGY +0.36% ▲ , HP HPQ +0.29% ▲ , and Dell Technologies DELL +0.18% ▲ , with other significant players such as Acer, ASUS (ASUUY), and Samsung SSNLF +54.05% ▲ .
Disclaimer & DisclosureReport an Issue