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


To: J R KARY who wrote (24719)5/10/1999 3:28:00 PM
From: Richard Habib  Read Replies (1) | Respond to of 213177
 
Don't disagree Jim, although it would have been nice to have been on time. Far more important is present sales including the 101, and whether they can meet the demand. OS X server at 8000 units thus far represents less than $10M in rev for the qtr and probably closer to $6-8M as downloads slow into the qtr. Not very important yet. Apple remains a hardware company and hardware sales is by far the most important factor. Rich



To: J R KARY who wrote (24719)5/10/1999 3:31:00 PM
From: Richard Habib  Read Replies (2) | Respond to of 213177
 
Also agree with you on Sears with 820+ locations.

SEARS TO SELL IMACS

RELATED SYMBOLS: (AAPL)(S)

CUPERTINO, Calif., May 10 /PRNewswire/ -- Apple Computer, Inc. (Nasdaq:
APPL) today announced that it will add Sears, Roebuck and Co. (NYSE: S)
to its list of iMac distributors. Sears will begin offering iMac to its
customers by Memorial Day weekend through approximately 825 locations
nationally. Sears will also carry a wide range of iMac peripherals that
plug into iMac's Universal Serial Bus (USB) port, including printers
and disk drives.

"One in three iMacs is being purchased by a first-time computer buyer,
and we believe Sears broad geographic coverage and a loyal customer
base can help us reach even more of these new customers," said Mitch
Mandich, Apple's senior vice president of Worldwide Sales.

"More than 50 percent of computer buyers at Sears are buying their
first computer," said Chuck Cebuhar, Sears vice president and general
manager. "iMac is a perfect choice for our customers who want an
Internet-ready computer that's easy to buy, easy to set up, and easy to
use."

Market research indicates that 32 percent of iMac buyers are first-time
computer buyers and an additional 11 percent are Wintel converts.
According to ZD Storeboard, Apple's share of U.S. retail and mail order
desktop sales expanded to 12.5 percent in February -- the highest since
iMac was introduced. iMac is currently offered through a wide range of
retail chains, computer dealers and catalog resellers at more than
3,500 locations throughout the United States, and online through The
Apple Store (www.apple.com).