Thanks, Joe. If I can dump a few more thoughts on you <<gg>>:
The News.com article points out correctly that revenues have historically dropped 25-30% from Dec. to March. However, last March Apple also took in $200 million in Performa overstock so revenue was really $1.8 million, not $1.6. These were revenues that probably were initially counted in Dec., 1996. So one might argue that Apple's revenues last Christmas were $1.9 B, and last Jan-March were $1.8, not a terrible decline at all.
Nevertheless, there's something about slipping below $1.5 billion in revenues that scares me a bit. $1.3 billion would freak me out. And it would seem to put the $6.5 billion fiscal year goal in jeopardy.
Clone-wise, Anderson may not know how many units Motorola has left but I can't believe it is that many. UMAX might not even be selling them after June. Mactell is only moving 1500 units a month.
Finally, the fact that backlogged orders have remained at $200 million is an indication to me that the G3s are in great supply. Usually when Apple announces a hot new product (8600s, anyone?) the backlog is ridiculous. Dealers are learning that they don't need to order 25 computers in the hope to get 5 anymore.
Marc (So we beat estimates by 6%? <<grin>>) |
