AT&T Reduces Price of Laptop Computer
NEW YORK (AP) _ American Telephone & Telegraph Co. said Tuesday it has reduced the price of its Safari laptop computer by 12 percent.
The new suggested list price of the base model is $4,749, down from $5,399. The model with an 80-megabyte hard disk drive, which will be available next month, will list at $5,749, also down 12 percent, AT&T said.
The action follows a number of price cuts by other personal and portable computer makers in recent months in response to a sluggish market.
″We just want to keep the Safari competitive,″ said AT&T spokeman Don Ferenci.
He said sales of the laptop, which AT&T introduced in April, are exceeding internal projections. The computers are made for AT&T at a U.S. plant owned by Japan’s Matsushita Electric Industrial Co. Ltd.