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Technology Stocks : Apple Inc.

AAPL 258.12

-0.9%

11:50 AM EST

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To: Andrew Danielson who wrote (24074)	4/16/1999 3:18:00 AM
From: HerbVic	of 213181

<<Excluding revenue from peripheral products, year on year revenue growth for the quarter was about 16%.>> >> I think it is important to emphasize this fact. When looking at this quarter as a measuring stick for future growth potential, the 16% non-peripheral growth rate is more accurate than a figure that includes changes in Apple's business model (concentrating less on peripherals). Andrew << You're right! 16% growth is a much more accurate picture of growth. This is the core business that will be compared to next years figures. This is the momentum behind the numbers that, if sustained, will determine next years numbers. If ignored, then when analysts add the growth within the peripheral side of the business next year as Apple rebuilds its peripheral strategy and you've got another series of quarters with strong upside earnings surprises. HerbVic

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