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Technology Stocks : Apple Inc.
AAPL 276.46+2.6%3:59 PM EST

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To: soup who wrote (568)12/19/1996 11:31:00 AM
From: John M. Hammer   of 213185
 
I saw this on Yahoo business news, concerning Micro Warehouse:

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"Gross margins for the quarter have declined principally as a result of the continuing shift of product mix towards hardware," the company said. It also cited tougher competition in the Macintosh business, the personal computers made by Apple Computer Inc , and higher operating costs.
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To me, this sounds as if there are more vendors offering Apple and other Mac products, thereby increasing competition pressures on Micro Warehouse.

The entire article can be found at:

biz.yahoo.com

John
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