Apple cuts prices (Video)

Apple Inc. has cut prices on the base version of its 13 inch MacBook Pro laptop, according to a Feb. 13 Reuters report.

The technology giant cut the price on the MacBook with “retina” display by $200. The company is reportedly revamping its top-end laptops, just weeks after reporting a holiday quarter decline in Mac sales. Chief Executive Tim Cook continues to quash concerns that the iPad is eroding the Mac range.

According to Reuters, Apple sold 4.1 million Macs in the December quarter, down 21 percent from a year earlier. The company also missed Wall Street's revenue forecast for the third straight quarter in January after iPhone sales failed to meet expectations.

On Feb. 13, Apple announced that he base version of the MacBook Pro with retina display will now be priced at $1,499, and introduced a new 2.6 gigahertz processor, 256 gigabytes flash memory version for $1,699. Apple also lowered the price of its 13-inch MacBook Air laptop with 256 gigabytes of flash memory to $1,299 from $1,399.

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MiMi Dabo is an attorney, accountant, lifestyle and fashion blogger, stylist and designer. MiMi is also the owner of the online fashion boutique, Boutique Mix. MiMi enjoys reading and writing about fashion and natural beauty, and in her spare time loves to cook, travel, spend quality family time,...

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