Pretty optimistic indeed. Over 300K high margin G3's, many to be sold online, elevates the foundation for Q2's prospective profits.
In your estimation, do you consider the current state of flux in the distribution channel to be positive or negative for the current quarter? Currently CompUSA has all their ASWAS's complete even before all the other chains are completely out of the picture. Is the gross sales for the quarter going to benefit?
From Yahoo's profile on CompUSA:
For the 13 weeks ended DEC 1997, revenues were 1,456,725; after tax earnings were 34,067.
(preliminary; reported in thousands of dollars)
14% of that would be $203,941.50
78% of that would be $159,074.37
This assumes that:
CompUSA's revenue remains constant qtr/qtr.
The percent of CompUSA's revenue stream is 14% as quoted for existing ASWAS.
CompUSA's gross margin is estimated at roughly 22%
Can we assume that CompUSA's channel is going to account for roughly $160M for Apple's quarter? Not knowing what % of the total Apple pie CompUSA is, plus the fact that all the numbers are elastic, I realize that the above estimate has little value. But, it is interesting.
Follow this link for a view of Apple prices at CompUSA's online store. Select Manufacturer search and go from there.
compusa.com
Good hunting,
HerbVic |
