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Technology Stocks : Apple Inc.
AAPL 278.85+0.5%Nov 28 9:30 AM EST

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To: soup who wrote (23327)3/3/1999 12:45:00 AM
From: Marc Newman  Read Replies (1) of 213173
 
<<I know a lot of this is corporate and education customers who get favorable terms, but those $29.95 iMacs'
current floating is over 14%.>>

Soup, I look forward to your report. Now, with the above are you suggesting that Apple is making a load off of interest? As I understand it, the third parties just give Apple the money up front for the value of the computer. They then get all the interest. That money goes to pay costs, make a profit, and cover the bad loans.

Am I wrong?

Marc
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