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


To: Marc Newman who wrote (11409)4/15/1998 6:43:00 PM
From: Randy Tidd  Respond to of 213174
 
> Okay, I guess I'm looking for a direct quote here, because I took
> Anderson's comments to mean flat revenue in year-on-year sales, not
> flat from this quarter. Ie, more like $1.6 billion plus, not $1.4
> billion. On the other hand, I was only hoping for Apple to make $200
> million this year and that seems on pace either way.

Yeah, in following my usual habit of keeping my expectations low (in case you hadn't noticed), I was being conservative. If their gross revenues are flat for the year, but they continue to cut costs, their bottom-line earnings could show significant increase.

I noticed that their cost of sales and R&D expenses were down this quarter also. All of these are good signs...

Randy