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Technology Stocks : Apple Inc.

AAPL 284.15

-0.7%

Dec 3 3:59 PM EST

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To: StormRider who wrote (6287)	11/11/1997 7:16:00 PM
From: Eric Yang	Read Replies (3) of 213173

>>APPLE SAYS ON-LINE STORE SELLS $500,000 IN ORDERS IN FIRST 12 HRS.<< Hmm.. can that be considered good? Let's see at this rate of $1 mil/day Apple would sell about $46 million of products from yesterday and the remaining 45 days of this quarter. If that were the case it would not be a significant part of Apple's $1.6+ billion quarterly revenue. The 20,000 G3 Macs already shipped to resalers alone should bring in about $50 million if we were to use a very conservative estimate of $2500/machine. I think the number of order should increase significantly as more people hear about the online store. Eric

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