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Technology Stocks : Apple Inc.
AAPL 264.70+2.0%1:02 PM EST

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To: ScottT who wrote (3272)7/23/1997 7:13:00 AM
From: Linda Kaplan   of 213183
 
SANTA CLARA, Calif.--(BUSINESS WIRE)--July 23, 1997--Claris Corporation, a wholly owned software subsidiary of Apple Computer Inc., today announced revenue of $53.9 million for its third fiscal quarter which ended June 27, 1997. Quarterly revenue was down three percent from revenue of $55.6 million in the same quarter last year, and down 23 percent from record revenue of $69.7 million in the quarter ending March 28, 1997. "Even without major product launches last quarter, the growth of our Windows business allowed us to report good revenue and profit results," said Dominique Goupil, Claris president. Claris said its operating profit in the quarter was higher than operating profit in the same quarter last year, although the company's policy is to not disclose specific quarterly operating profit figures. This was the 19th consecutive profitable quarter for Claris. Sales of Claris software for Windows PCs made up 36 percent of Claris-brand revenue in the quarter, and the revenue from Windows sales more than doubled over the same quarter last year. Highlights of the quarter included record sales via the ClarisPLUS volume licensing program to large business and education customers in North America, and strong sales of FileMaker Pro worldwide, especially in Japan where the Windows version has been available only since late 1996. FileMaker Pro, the long-time best-selling Macintosh database software, was ranked in independent surveys as the second-most popular Windows database software in Japan and, in the previous quarter, as the number two stand-alone Windows database in North America. As part of its Windows progress, Claris said that IBM Japan began bundling ClarisImpact 2.0 for Windows business graphics software with its Aptiva and ThinkPad PCs last quarter. Goupil said Claris is eager to help launch Mac OS 8 this week, which Claris will sell as part of its role as worldwide distribution and sales arm for Apple software. During the quarter, Claris announced its commitment to developing applications, including a version of FileMaker Pro Server, for Apple's next-generation operating system code-named Rhapsody. For its progress in electronic commerce, Claris was listed in the third quarter by PC Week as one of its Fast-Track 500 most aggressive adopters of innovative technologies. --30--aa/sf* cmf/sf CONTACT: Claris Corporation Steve Ruddock, 408/987-7202
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