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To: Phillip C. Lee who wrote (15649)7/15/1998 11:49:00 PM
From: lucky_limey  Read Replies (1) | Respond to of 213177
 
Revenue comparisons between last year and this year should not make sense because Apple is out of the printer & other misc. hw business... or am I missing something? Is it possible to compare CPU (1997) sales revenue to CPU (1998) sales revenue - or has this be looked at already? Does it even make a difference in the scheme of things. Does Apple break out OS system sales etc. that might have contributed more this time last year or are these numbers too small to matter.

Regards,
Hugh Evans



To: Phillip C. Lee who wrote (15649)7/15/1998 11:57:00 PM
From: Eric Yang  Respond to of 213177
 
" If it is excluded in the calculation, where is it to be shown?"

It is recorded as money earned and goes straight into our book value. However for the purpose of calculating PE what we are interested is EPS excluding one time gain since that is the only consistent indicator. Makes sense right? Otherwise for example if AAPL had sold $100 million worth of ARM share it would boost our EPS way up. If you don't exclude these one time gain and get the EPS from operation, the PE calculation will be meaningless.

Eric