Apple investors rejoice in Newton's demise

Investors in Apple Computer look set to be the main beneficiaries of the Newton's sad end, as developers and users struggle to digest the news.

Apple's stock has leapt in value following the decision to end Newton production, the latest bitter pill in a course of harsh medicine being administered by CEO Steve Jobs. The Newton, which never made up more than one per cent of Apple's turnover, was a loss maker from first to last. But its demise will consequently help restore the manufacturer to the black, if only in a small way, say analysts.

Such information will not come as any comfort to existing Newton programmers and users, who are planning a series of demonstrations outside the company's Cupertino headquarters.

More News | ZDNet

Newsletters

You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
See All
See All