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Technology Stocks : Apple Inc.
AAPL 267.510.0%Nov 18 3:59 PM EST

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To: Dr. Id who wrote (7957)1/23/1998 10:28:00 PM
From: Eric Yang  Read Replies (2) of 213173
 
This "news" is so old that it means little to most AAPL investors. The reuter story is based on the 10K filed back in Dec 5. Most of us read that report nearly 2 months ago. The reuter story came out this morning during the session. Why they decide to dig up this old story is beyond me. Investors read the story and shrugged it off. AAPL rose 1/4 today.

Fiscal 97 (Q4 97) ended way back in 9/27/97. We all knew that market share was down last year as a whole. After all it's being compared to fiscal 96 where Apple sold a ton of Performas (record sales but lost money).

Sept 97 was the turning point in Apple's financial health. We started seeing an increase in market share back in Oct..followed by introduction of G3s in Nov...etc This report doesn't account for any of that. The article was just a recap. Nothing new here and I don't think anyone is sweating over it.

Eric

PS </ i> (without the space) closes the italics.
In case you want to read the Dec 5 10K it's here
edgar-online.com
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