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


To: Richard Habib who wrote (15608)7/15/1998 7:01:00 PM
From: Loring  Read Replies (1) | Respond to of 213177
 
Jon, I'm sure that it was Fred Anderson who said in his Q1 conference call in January, 1998 that he didn't expect sequential revenue growth until Q4. Should be easy to check out.



To: Richard Habib who wrote (15608)7/15/1998 7:26:00 PM
From: Jonathan Bird  Respond to of 213177
 
eMail I got from thessasource:

JonBird@aol.com wrote:
> I'm looking for your source for this statement from Apple. Can you help me
> out?
>
> "Apple had promised growth within the "next six months" after they announced
> their first quarter profits in January."
> thessasource.com

Glad to be of help! Our source on that was Apple CFO Fred Anderson, who
said growth for Apple should resume within the next six months during
the conference call for their first quarter earnings back in January. He
said they were certain that growth would "set in" by the end of fiscal
1998, which leaves next quarter.

His comments today seemed to clarify their position, mainly that revenue
growth will begin in the fourth quarter. Since that began last week,
still in July, their promise of growth can still be considered
fulfilled. Our report including those comments was made on January 15th.
If there is anything else I can be of assistance with, please let me
know.

Best regards,

Eldee Stephens III, Editor-in-chief
thessaSOURCE
_____________

Sounds to me that Fred just made an inexact promise.

Jon Bird