Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Eric Yang who wrote (12462)	5/1/1998 1:12:00 PM
From: Alomex	Read Replies (3) \| Respond to of 213177

In fact I think revenue should come in at over 1520M and margin should remain at 24.8% range. I'd be neglecting my duties if I didn't take a bearish stand here :-) I'd say that with Apple out of the printer business and no longer making Newton/e-mate revenue should clock in around $1440-$1480 million. Using these figures the revenues fall in a range of $50-60 million.

To: Eric Yang who wrote (12462)	5/1/1998 1:18:00 PM
From: rhet0ric	Read Replies (1) \| Respond to of 213177

Hi Eric, Thanks for the Q3 update. My only concern is that sales of regular G3 desktops may decline, since many upgraders will have done so already in Q1 and Q2. I was actually expecting a better surprise in Q2 in that regard. I guess it depends on which factor is more of a determinant in sales of Macs these days: when the product line refreshes, upgrade cycles, or seasonal purchasing. Of course, if Apple comes out with a new line of high-end desktops (since the current G3s are apparently "low- to middle-end", if you can say that of machines this fast), as has been hinted at in a couple places, that could lead to yet more upgrades. Those would have to be announced at WWDC to affect this Q's numbers significantly. (You'll be glad to know that I now have Office98/Mac, so I won't have to bug you this quarter about different scenarios. Will you be posting a spreadsheet file for Q3?). rhet0ric

To: Eric Yang who wrote (12462)	5/1/1998 1:31:00 PM
From: Phillip C. Lee	Read Replies (1) \| Respond to of 213177

<<After Marc cautioned me not to be overly optimistic on Q3, I took a hard look the numbers over the past few days. Having done so, I came to the conclusion that it is very unlikely that revenue will be as low as 1405M and margin will be as low as 23.3%. In fact I think revenue should come in at over 1520M and margin should remain at 24.8% range.>> From the historical data, the difference between Q2, '97 and Q3, '97, there is an increase of 136m in Q3, 97. If I assume the difference of of Q2 and Q3 in '97 and that of Q2, Q3 of '98 is the same, then Q3, '98 should be 1613m (1587m+136m). The result of Q3, '98 is not taking into account on cloners' shares in '97 and the general increase of total pc sales (increase by about 13%). If the overall margin is 24%, and tax, interest earned are the same as yours, the final enaring result is about 107m for Q3. Well, it may be too high to be believed, but the data of each item is realistic with good rationales. Phil

To: Eric Yang who wrote (12462)	5/3/1998 12:14:00 PM
From: Eric Yang	Read Replies (1) \| Respond to of 213177

Here is something I found quite intriguing... Based on the information in a MacWEEK article zdnet.com that PowerBook revenue dropped from being 26% of total revenue in Q1 to 13% in Q2 we can calculate the revenue from PowerBooks. PowerBook revenue in Q1 = 1578 X 26% = $410.3 million PowerBook revenue in Q2 = 1405 X 13% = $182.7 million Now, what was the revenue excluding sales of PowerBook laptops? non-PowerBook revenue in Q1 = 1578 - 410.3 = $1168 million non-PowerBook revenue in Q2 = 1405 - 182.7 = $1222 million Isn't it interesting that if we exclude PowerBook sales there was actually a sequential growth in revenue of $54 million from Q1(Christmas) to Q2 (historically weakest)? Of course...this is assuming that the figures in that MacWeek article can be confirmed. Anderson went over the PB figures during the conference call but I didn't take very good notes. ;-) Eric