uh oh.
Anyone see this? Wonder what it will do to the stock price...
After market close, APPLE COMPUTER INC said that its U.S. and
worldwide market share fell sharply in its fiscal 1997, amid
declining sales of its Macintosh computers. The worldwide market
share of the Cupertino, Calif., company fell to 3.1% in its 4Q,
which ended Sept. 30, 1997, down from 5.2% the year before, Apple
disclosed in its 10K filing with the SEC. In the United States,
its share fell to 4.3% from 6.6%, the company said. Apple also
said it believes its sales will be below the level of the prior
year's comparable periods "through at least the second fiscal
quarter of 1998, if not longer." Apple's 2Q ends March 31.
(Reuters 04:53 PM ET 01/23/98) For the full text story, see
infobeat.com .
Doesn't look good to me. Any positive spin on this?
JB
p.s. Anyone know how to turn off italics! :-) |
