SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Apple Inc.
AAPL 268.55+0.4%Nov 19 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Eric Yang who wrote (7885)1/21/1998 10:28:00 AM
From: Sam Scrutchins  Read Replies (1) of 213173
 
Like Marc said the question that's on many people's mind is the $35 million one time
charge Apple made reference to in the last 10-K. A few of us have shared thoughts on
this particular issue in private emails prior to the earnings were made official. Now we
pretty much know that if Apple is going to take this charge it will charge it to Q2.
Perhaps a little public awareness is good so that the stock doesn't take a hit when
people are caught by surprise. In any case, the next 10-K will give us a good idea
about what Apple will do.


I would be surprised if the market paid much attention to the one-time charge. If Apple can produce another 30 cents per share profit from operations in Q2, then momentum may come into play and push the stock to the low 30s, IMHO.

Sam
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext