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Technology Stocks : Apple Inc.
AAPL 273.67+0.5%Dec 19 9:30 AM EST
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To: Phillip C. Lee who wrote (10230)3/27/1998 1:29:00 AM
From: JC  Read Replies (1) of 213177
 
Why does everyone expect such a good Q2?

If G3 sales are forecast to be 350,000, non-G3 sales have to at least be 250,000 to have a good quarter. Keep in mind that last quarter's top line was kind of disappointing, and about 600,000 machines were sold in what is typically Apple's strongest quarter. No new machines have been released this quarter, just modified versions of existing ones, and the same problems which have made people reluctant to buy a Mac still exist (namely, a dearth of software relative to WinTel).

-Long and cautious on Apple.
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