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

To: Marc Newman who wrote (8189)	2/3/1998 10:40:00 PM
From: Phillip C. Lee	Read Replies (1) \| Respond to of 213176

Marc, Although there is no big news about new CEO or alliance, Jobs told Apple's employees that there are 300k - 350k G3s to be sold in the current quarter. It is amazing, isn't it? I remember Apple only sold 120k (20% or so of total sales volume) in the last busiest "consumer quarter". In the current slowest quarter (based on historical data), Apple is expected to sell such big numbers of G3s, which is about 780M-800M of revenue with higher margin. It is obviuos that there will be an outstanding Q2's revenue and net. based on my rough estimates, the net income for Q2 will be better than Q1 ($0.33 per share), compared to street's estiamtes of $0.11,besides, revenue may exceed Q1's. Well, the analysts may need to raise their estimates again. Phil