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Technology Stocks : Apple Inc.
AAPL 257.33-1.2%1:44 PM EST

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To: Eric Yang who wrote (16813)8/17/1998 10:16:00 PM
From: Phillip C. Lee   of 213181
 
<<Actually the 150K preorder as I understand it is the preorder by retailers and distributers, not customer preorders. There is a big difference. In other words that was how many units places like Macwarehouse, CompUSA, Ingram, Computerware...etc ordered from Apple between Aug 3 and Aug 10th. As you know most of them only got a fraction of their initial orders filled by Apple and have sold out those units.>>

Well, I'm not sure about that, but, Jobs said there are 4200 resellers
in U.S., if Apple had 150,000 units preordered, then each one had an
average of 35 units, that is about right number in each store.

Phil
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