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Technology Stocks : Apple Inc.
AAPL 278.79-0.7%Dec 5 9:30 AM EST
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To: Alfredo Nova who wrote (8912)2/28/1998 12:30:00 PM
From: Perry  Read Replies (2) of 213173
 
To the earnings estimators. Does the below quote increase the estimate for this quarter?

<<In a conference call, Apple said Friday it doesn't
expect to incur any charges in connection with the
decision. Fred Anderson, Apple's chief financial
officer, said the company expects to see savings
of "a few million dollars a quarter" from the
shutdown, and plans to shift the unit's 200
employees to other areas of the company.>>

Perry
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