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Vincent Padois, head tutor at the Pierre and Marie Curie University who teaches robotics and is babysitting the Paris ICub, makes a demonstration with ICub robot, a ?hybrid embodied cognitive system for a humanoid robot" about 1 metre (3.2 feet) high, at the Pierre and Marie Curie University in Paris September 4, 2009. Six versions of ICub exist in laboratories across Europe, where scientists are painstakingly tweaking its electronic brain to make it capable of learning, just like a human child and hoping it will learn how to adapt its behaviour to changing circumstances, offering new insights into the development of human consciousness.   REUTERS/Philippe Wojazer

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    Apple gears up for Black Friday sale

    SAN FRANCISCO
    Wed Nov 26, 2008 5:44pm EST

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    Reuters Technology Week

    Wed, Nov 26 2008
    Attendees look over redesigned iPod Nano at Apple's ''Let's Rock'' media event in San Francisco, California September 9, 2008. REUTERS/Robert Galbraith

    SAN FRANCISCO (Reuters) - Apple Inc, facing a tight U.S. consumer spending environment, is gearing up for a one-day sale on Friday and at least one analyst expects the company to offer discounts of up to 15 percent.

    Asian Markets  |  Media

    The day after Thanksgiving, known as Black Friday, is the traditional kickoff to the U.S. holiday shopping season and one of the biggest buying days of the year for consumers.

    The outlook for the computer and consumer electronics industry is universally grim, with shoppers widely expected to cut back on purchases as a recession looms.

    An announcement on Apple's website said the online store is holding a "one-day-only holiday shopping event. You'll find dozens of great iPod, iPhone, and Mac gift ideas."

    An Apple spokesman declined to provide details.

    Apple products are typically more expensive than those of competitors, and it doesn't offer price reductions very often.

    Kaufman Bros analyst Shaw Wu said in a research note that he expects Apple's Black Friday promotions to be "a little more aggressive than usual."

    Wu expects Mac computers, iPod digital media players and accessories to be discounted up to 15 percent, but said it was unclear whether the iPhone would also be on sale. In years past, Apple has cut prices by 5 percent to 10 percent.

    Retailers, including Best Buy Co Inc and Amazon.com Inc, are already discounting Apple products. The Best Buy website is currently offering $100 to $150 off certain MacBook laptops.

    Wu also said many Apple stores are electing to match the price discounts of resellers.

    Apple shares rose 2.7 percent to $93.23 on Tuesday, in line with other technology issues on Nasdaq.

    (Reporting by Gabriel Madway; editing by Jeffrey Benkoe)



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