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Technology Stocks : Apple Inc.
AAPL 273.81+0.5%9:30 AM EST

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To: Rob Glanville who wrote (634)12/28/1996 10:07:00 PM
From: Maher Sid-Ahmed   of 213177
 
Apple should report $107 million revenue on $10 billion sales in 1997 according to the following article. So don't despair you might get your original investment with interest before end of year.

Maher

Co-founder brings NeXT opportunity
Co-founder brings NeXT opportunity December 27, 1996, 12:46 PM EST USA Today, December 23, 1996

Summary of key facts:

The article examines the acquisition of NeXT Software by Apple (Cupertino, CA) for $400 mil and the two companies in detail. Apple CEO Gil Amelio and Apple co-founder and NeXT founder Steve Jobs are discussed in detail. MeXT have revenue of around $60 mil in 1996. Jobs also is the chairman and a primary investor in Pixar Animation Studios. According to Zacks Investment Research, for its fiscal year 1997, Apple should report a net income of $106 mil on $10 bil of revenue. The article provides additional information, including a timeline of NeXT's history.
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