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

To: DX who wrote (7454)	1/8/1998 1:19:00 AM
From: TF	Read Replies (2) \| Respond to of 213173

From macosrumors.com : On the subject of Apple's profitability; apparently, the gap between a small loss and the moderate profit which Apple announced this quarter was made up by a slush fund set up by Apple when it was certain that it would be announcing a small loss last quarter. This fund increased Apple's losses last quarter, but will allow the company to post better results when it submits its SEC Filing on the 14th. Although many people frowned upon this practice, it makes sense; to really gain the confidence of investors once more, Apple needs to show that it is a viable company -- and Apple would indeed have profited last quarter if it hadn't been for the charges resulting in its buyout of PowerComputing's Mac license. In the final analysis, this is good for Apple, even if it is a little odd. What you guys think about this?