USRX /COMS - and other "stuff" Message Board

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Technology Stocks : USRX /COMS - and other "stuff"

COMS 0.00130

-67.5%

Nov 7 11:47 AM EST

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To: Jeffery E. Forrest who wrote (4905)	6/5/1997 12:59:00 PM
From: Glenn D. Rudolph	of 5244

Apple sees profitability by September Reuters Story - June 05, 1997 11:14 FINANCIAL DE US DPR RESF BUS ELI ENT AAPL INTC V%REUTER P%RTR MUNICH, Germany, June 5 (Reuter) - Apple Computer Inc said on Thursday it wanted to return to profitability by the end of September under a structure based on annual sales of about $7.5 billion. The company was in the process of eliminating 4,000 jobs to streamline operations and bring it into the black, executive vice president Guerrino De Luca said at a news conference. Apple also planned to modernise its computers for consumers and small businesses while offering corporate customers machines running its forthcoming Rhapsody operating system. Rhapsody would allow software developers to write programs that run on Apple Macintosh systems and PCs with Pentium chips from Intel Corp . Due in 1998, the operating system "would make a return to growth possible," De Luca said. Apple in 1996 reported sales of $9.8 billion and a loss of $816 million. -- Bonn Newsroom, +49-228 26097150 I love that wording. I want to be a billionaire by the end of the summer. Not like but it is a true statement<G> Glenn

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