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


To: Andrew Danielson who wrote (22322)1/13/1999 5:43:00 PM
From: Golden Bear  Respond to of 213176
 
28.19% margin is unbelievable. Eric was right, margins will be better than anyone thinks. R&D was better than predicted, 4.44% (I had expected 4.49%. The real surprise was S.G. & A.- 16.32% is much higher than anyone anticipated (I had 15.51%). The likely culprit is the large advertising budget for the I-Mac. I'm o.k. with that because it is short-term and the consumer market strategy is important to Apple. It's nice to know the 13.8 million difference in profit could have added another 8 cents per share to the quarter's results.

Congratulations Eric!

Marc D.