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Technology Stocks : Apple Inc.
AAPL 272.56-0.5%10:45 AM EST

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To: Essam Zaneldin who wrote (18365)9/22/1998 8:57:00 PM
From: Alomex   of 213177
 
Well folks, my estimates for revenues was $1450-$1550mill, with higher probability towards the lower side. Given the iMac success I think it is possible that Apple might post revenues as high as $1650mill.

Apple has a lot more problems that what this board acknowledges. In fact, it was taking water at such a speed that three incredibly successful product releases after (G3, PowerBooks, MacOS8.0) it still posted falling revenues. However, the speed of the fall has tapered quite a bit lately and I'd say that with the information available today predicting higher revenues for next quarter is a no brainer.

This was a much closer call than many here would acknowledge: a successful 200K unit introduction of the iMac would have resulted in flat revenues!

Because of this I will keep the lower end of the revenue prediction at $1450 but the upper end will go to $1650. More importantly, I would say the zone of high probability is now around $1525-1575mill.

This is not the tightest of estimates, but I cannot predict any better with two just weeks sales figures for the iMacs....
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