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Technology Stocks : Apple Inc.
AAPL 283.32+1.6%Dec 1 3:59 PM EST
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To: Doug Smith who wrote (6876)12/17/1997 8:42:00 AM
From: Phillip C. Lee  Read Replies (1) of 213173
 
Great to hear the good news in Apple's sales in Europe. From the
historical data of Apple's revenues, we all know that the second
quarter is always the slowest one for Apple. However, it may be
different this time due to the new products of software and hardware
in that quarter. I believe Apple has reduced its break-even point to
the extreme. With 1.6-1.8 billion quarterly revenue, it will not be
difficult for Apple to reach its positive net incomes. Besides,
Apple's deal with Microsoft which may generate some revenues of 150
million to 1.5 billion in certain period of timeframe. Nobody
knows when and how much this kind of surprised revenues will occur
or never do. Don Crabb has "Ninety Day Wonder?":

abbottsys.com

The revenues in this quarter should not be too bad since this is one
of the best quarters in its historical data. And, the economic in
U.S. is wonderful that will ensure U.S. sale volumes. U.S. vs.
Japanese currency exchange rate has dropped from 131+ to 126+
overnight after Japanese government proposed tax cut plans, which
will reduce some pressure from currency conversion, as well as boost
sales in Japan. Another 10 days this quarter will end, I wonder
how good it is on Apple's sales. Hopefully, it is a lot better than
what the current miserable stock price told us.

Phil
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