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To: J R KARY who wrote (22810)1/26/1999 7:26:00 PM
From: soup  Respond to of 213173
 
Macs comprise 50% Japan marketshare?

>Xccording to the latest BCN Market View report, among the Japanese
retail stores surveyed. iMacs accounted for 49.9% of total unit sales
between Jan 23 -Jan 24. Similar surveys in December shows that
iMacs accounted for approximately 25-30% of unit sales. Recent
surveys show that iMac has been gaining ground since Macworld
Expo SF. In each of the three surveys conducted since the Expo, iMac
accounted for over 45% of unit sales.The data seems to suggest that
some consumers have been anticipating new iMacs and price cut to
be announced at the Expo and delayed their purchases until after the
event.<

appleinvestors.com

Yikes!

Thanks to Eric Yang for reporting this and to JR Kary for his posts.



To: J R KARY who wrote (22810)1/26/1999 11:07:00 PM
From: Eric Yang  Read Replies (1) | Respond to of 213173
 
"OK Cook what gives ? distributing your shares like iMACs ? Seems Mr Cook does have some shares."

Tim Cook, Senior VP Worldwide Operations joined Apple in Feb of 1998. He formerly held a position at Compaq. As I understand it, he is the one in charge of component procurement and has been credited for much of the improvements in Apple's inventory management, manufacturing and logistics.

In addition to the annual salary of $400,000 and one time bonus of $500,000 he was granted 700,000 shares in stock option with exercise price of $17.685. As of today those options are unexercisable (He has been with Apple for less than a year) A sell back provision does guarantee that Cook will net at least $3 million by Feb 2000. Current market value of those shares if exercised is closer to $15 million so a "sell back" isn't likely to be required.

Eric