Apple to make low-cost MacBooks to challenge Chromebooks: report

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Apple to make low-cost MacBooks to challenge Chromebooks: report
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Apple is reportedly working on a low-cost MacBook that will be entirely different from its existing MacBook Pro and Air models to rival Chromebook, insiders told DigiTimes.

Sources told the publication that a cheaper version of Apple’s MacBook could be released as early as the second half of 2024.as Android rivals continue to gain ground in the mature market.to consumers in early 2024 — more than six months after it was announced in June — and is reportedly spending more on artificial intelligence in an effort to win back sales. a revenue of $81.8 billion, a 1.4% decline from Q2 and a year-over-year drop of 3%.

Chromebooks are one-third the price of MacBooks. On Best Buy’s website, the Google laptop retails for $299 while its Apple counterpart runs for $1,599.99.Weaker iPhone sales were balanced by strong sales in the services segment that contains Apple TV+ and by sales in China that grew 8% year over year.last month that Apple’s performance would be similar in its final quarter of the year.

If Maestri is correct, an additional drop would spell the largest downward streak Apple’s seen in two decades.Earlier this month, Apple lost its record-breaking $3 trillion valuation, though it still boasts a robust market cap of $2.94 trillion.However, it’s stay as the world’s only $3 trillion company was short-lived, as it slipped to $2.86 trillion following the news that it experienced its third consecutive quarter of declining sales.

As of Tuesday morning, shares of Apple were down nearly 1%, to $188.06. Its market cap was a still-robust $2.94 trillion.

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