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

To: Phillip C. Lee who wrote (17227)	8/25/1998 12:10:00 AM
From: Eric Yang	Read Replies (1) \| Respond to of 213176

"This guy needs some correction in his calculation and prediction, he got an extreme high pay with such a lousy conclusion." I don't know about the "extreme high pay part"... He's just a writer for Mercury. SJ Mercury is notorious for having a large collection these Apple skeptics on their payroll. They can't possibly pay all of them well. Here is am URL with Lanshinsky's picture. www2.sjmercury.com There are so many of these boneheads that I've already made a spreadsheet to keep track of them. Maybe I'll attach it to the Q4 earnings estimate spreadsheet. ;-) Eric

To: Phillip C. Lee who wrote (17227)	8/25/1998 3:06:00 AM
From: Eric Yang	Read Replies (1) \| Respond to of 213176

Phil, RE: "I think Soup's estimate of $2.00 in '98 is feasible and likely, which is equivalent to $0.79 in the current quarter. " To be honest with you I don't think we'll be able earn $0.79 cents which is about $125 million in Q4. However, I do feel quite confident that Q4 earnings will be well ahead of $0.47 consensus estimate which is about $70 million. I did some projections and heavy number crunching over the last few days. My current estimate is at around $102 mil range. If it all goes well, it'll be the first 9 digit profit we've seen (excluding one time gain/charge) in a long time. I'll post the calculations in a couple days. Positive Q4 earnings surprise will be great but I think there will a lot more to cheer about this time. I expect both revenue and unit shipment to soar this quarter. Current estimate for Q4 unit shipment is at 760,000-800,000 range, with revenue topping 1550 mil. In other words I think we'll see a 160+K increase in unit shipment over the 644K units we had in Q3. That is HUGE. Revenue should also increase by $140+ mil over the $1404 mil in Q3. Wall Street has been saying that they want to see growth. I think the combination of 1) earnings surprise 2)increase unit shipment 3)increase revenue will prove to them quite convincingly that Apple is growing again. Eric