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Technology Stocks : Apple Inc.
AAPL 272.49-0.2%12:13 PM EST

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To: Phillip C. Lee who wrote (15639)7/15/1998 11:24:00 PM
From: Eric Yang  Read Replies (3) of 213177
 
EPS from operation is what counts and that is 0.50 per share. 0.65 is if you include the one time gains. (technically not just one time since the ARM write-up will be happening for several quarters)

Phillip, don't get greedy..hehe. Just look at the 75 mil from operation and be happy. That was solid earnings, the one time gain are just gravy.

The whole point of calculating EPS is to determine what a company can consistently earn. As such we should discount any source of income that is seen as none recurrent.

The last person we want to fool is ourselves, no?

Eric
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