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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Alomex who wrote (6714)	12/9/1997 3:41:00 PM
From: Eric Yang	Read Replies (1) \| Respond to of 213182

If I understood the SEC filing correctly Apple stated that revenue is expected to be down compared to the same quarter of LAST year. Apple's revenue in the quarter ending 12/31/96 was $2.12 billion. That is very different from a "quarter to quarter" drop in revenue which I take means that it will drop below the $1.6 billion we had last quarter. My feeling is that the revenue will obviously be below $2.1 billion but should be higher than $1.6 billion and thus excluding charges we're within reach of profitability. As for the $30 million charge.. anyone knows what it pays for? Remaining PowerComputing deal, CompUSA deal and promotion? Eric