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Technology Stocks : Apple Inc.
AAPL 268.55+0.4%Nov 19 3:59 PM EST
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To: Irish Paddy who wrote (2554)6/18/1997 11:18:00 PM
From: Phillip C. Lee   of 213173
 
Irish,

I believe shop asst's estimates for 3Q outcomes based on the following
reasons:

1. Currency exchange factor makes Apple more revenue even with the
same sales. 10% of 0.9 billion would mean 90 millions extra
incomes.

2. Newton division spinned off makes Apple remove the deficits this
division brings in.

3. Layoff factor kicks in which will make Apple spend less in
operating cost.

4. high demands of Mac machines starts shipping since late May, which
easily makes up previous two months' lacking in stock.

5. Orders from educational institutions start kicking in from the
beginning of this quarter, which enable to add more revenues than
previous quarter.

6. Excellent sales on OS 7.6 and 7.6.1 may help final figures.

7. Inventory problems in unpopular machines have been digested pretty
well since last quarter, therefore, sale channels will not be the
significant issue this quarter.

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