Cody Taylor

Even in a universal recession, they find funding for a new fleet of savage hoverdogs.

“We wanted to give an update on the Mac business from what we are picking up from our latest supply chain checks,” Kaufman Bros. analyst Shaw Wu wrote in a report to clients Monday. “While new the iMac appears to be almost ready for primetime, what is holding it up appears to be business reasons and a potential small technical hurdle.”

A 42-year-old West Virginia man died from a gunshot wound in the stomach early Saturday after playing a game of quick draw at a home in the Falls Mills area of Tazewell County

The Macintosh turned 25 years old this past weekend, and Apple [AAPL] seems to be celebrating the occasion by sicking its blood-lusting attorneys on Palm [PALM] in a potential patent infringement suit. The intellectual property in question is Apple’s multi-touch software, which enables iPhone and iPod Touch users to interact with their devices …

All new Macs will come with the software, which lets Mac owners edit photos and movies and learn how to play musical instruments, among other things.

A merger of Pfizer and Wyeth could trigger a wave of consolidation in the cash-rich pharmaceutical sector as drug makers look to diversify revenues in the face of competition from generic-drug rivals, analysts said. “Consolidation is a necessary evil in Big Pharma. This sector must consolidate now and Pfizer is the poster child.”

Apple could be waiting to time the launch of the new iMacs with the launch of Mac OS X Snow Leopard operating system, which is expected to ship sometime around June.