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


To: Eric Yang who wrote (7896)1/21/1998 4:20:00 PM
From: Alomex  Read Replies (2) | Respond to of 213173
 
Alomex,how did you arrive at that conclusion? If I read your comment correctly you believe Apple will lose $50 million this quarter and that does NOT include any one time charges?

First, I looked at the historical drop of revenues for this quarter, which gives revenues of about $1.4 billion. This is a drop of $170 million in revenues.

Of those $170 million, I assumed that $80 million are the non-fixed costs of producing those extra boxes that they will not sale. Then I chalked up another $40 million to continued debt reductions in expenditures and I come up with a shortfall of $50 million before one time charges.