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Technology Stocks : Apple Inc.

AAPL 278.06

-0.2%

Dec 11 3:59 PM EST

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To: Marc Goldwyn who wrote (8682)	2/21/1998 9:05:00 AM
From: Phillip C. Lee	Read Replies (1) of 213176

Marc, My revenue estimate is still the lowest in latest 2-3 years. Listed below is the data: 97 98 Q1 Q2 Q3 Q4 Q1 Q2 2129 1601 1737 1614 1578 *1520(Estimated) (1) Quarter-to-quarter comparison between '97 Q2 and '98 Q2: The revenue decreases from 1601 to 1520, representing 5% lower; (2) Quarter-to-quarter comaprison between '98 Q1 and Q2: The revenue decreases from 1578 to 1520, representing 3.67% less. That's what I call revenue stablization though still decreasing. I still believe the above revenue is reachable and possible under the current positive G3's sales news from words of Jobs and Sr. VP in Tokyo's Macworld. Besides, agreeing with Eric's margin calculation, hence, I have derived the previous estimate. Phil

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