Apple commented today on its poor Mac sales from this past holiday quarter. The company sold only 4.1 million Macs, missing Wall Street’s expectations and the previous quarter’s sales. Overall Mac sales are actually down 16% since this time last year. Ouch.
Tim Cook blamed the new iMac that Apple introduced in October 2012 for the poor performance. Supplies for the iMac were constrained overseas all quarter, and Apple didn’t start actually shipping orders until December. Shipping times have yet to reach normal estimates as Apple continues to catch up with demand.
The new iMac has an ultra-thin design and completely new display that is really difficult to make. Apple’s own innovation can occasionally be a thorn in its side.