Piffer OT - And Other Assorted Nuts Message Board

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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Junkyardawg who wrote (54296)	9/28/2000 5:02:19 PM
From: The Phoenix	Read Replies (1) of 63513

Junky... AAPL.... looks nasty.. Thursday September 28 4:56 PM ET Apple Sees Earnings Far Below Forecasts CUPERTINO, Calif. (Reuters) - Apple Computer Inc (NasdaqNM:AAPL - news) Thursday said that its fourth quarter earnings would fall far short of expectations because of weak sales during September. Apple said it expects to report fourth quarter earnings of between 30 and 33 cents per diluted share, excluding investment gains, compared with the consensus analyst forecast for earnings of 45 cents per share. It said revenues should come in between $1.85 and $1.9 billion for the quarter ending Sept. 30. Apple Chief Financial Officer Fred Anderson said in a statement that the company experienced a business slowdown during September in all geographies. Education product sales were lower than expected, he said, and sales of the new Power Mac G4 cube are ``off to a slower than expected start.''

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