🚀 go-pugleaf

RetroBBS NetNews Server

Inspired by RockSolid Light RIP Retro Guy

Thread View: comp.sys.next.advocacy
2 messages
2 total messages Started by Conrad Geiger - Manager, Interna... Fri, 22 Jan 1993 17:16
Press Release: NeXT Profitable in Q4 '92; N. American Sales Up 36%
#1677
Author: Conrad Geiger - Manager, Interna...
Date: Fri, 22 Jan 1993 17:16
63 lines
3065 bytes
NEWS

FOR IMMEDIATE RELEASE

Contact:	Allison Thomas
		Allison Thomas Associates
		(818) 981-1520

NeXT Profitable in Q4 '92
North American Sales Up 36% in 1992

REDWOOD CITY, Calif., January 21, 1993 - NeXT Computer, Inc. today
announced its first quarterly operating profit, for the fourth
quarter of 1992, on revenues of $45 million.  NeXT also announced
worldwide revenues of $140 million for the year ended December 31,
1992, an increase of 10 percent over the prior year's $127 million.
Highlighted were North American revenues, which increased 36 percent
year to year, from $72 million to $98 million.

"NeXT had a solid 1992, with a growth rate more than double that of
the total workstation market, which grew 4.2 percent, according to
Dataquest," said Peter van Cuylenburg, NeXT's president and chief
operating officer.  "We achieved profitability in Q4 on the basis of
increased revenues, higher gross margins and reduced expenses."


Steven P. Jobs, NeXT's chairman and CEO, commented:  "We added to our
base of large customers in 1992, which now includes Chrysler
Financial, McCaw Cellular, WilTel, Bozell (BJK&E), Mount Clemens
Hospital, First National Bank of Chicago and Swiss Bank Corporation.
One of these customers is already using NeXTSTEP on more than 1,000
desktops, and several others are planning multi-thousand desktop
deployments during the next 12 to 24 months."

One of NeXT's most recent new customer wins is AIG Trading
Corporation, a currency and commodities trading company that is
designing its new trading floor completely around the object-oriented
NeXTSTEPd environment.

"Fast, reliable and cutting-edge communications and information
technology are critical to our success," said Tom Borgeson, director
of technology for AIG Trading Corporation.  "We are sold on the
object-oriented approach to developing and using software, and
NeXTSTEP is the leader in integrating that approach onto a UNIX
platform.  We're very excited about using our NeXT systems to develop
applications in-house and to integrate voice and text communications,
especially using NeXTmail."

About NeXT
NeXT Computer, Inc. designs and markets the industry-acclaimed
NeXTSTEP object-oriented system software environment.  NeXTSTEP is
used by medium and large organizations to develop and deploy
mission-critical applications, using both custom and shrink-wrapped
software.  NeXT is headquartered at 900 Chesapeake Drive, Redwood
City, Calif., 94063.  


-30-


NeXT, the NeXT logo, NeXTSTEP and NeXTmail are trademarks of NeXT
Computer, Inc.  All other trademarks mentioned belong to their
respective owners.
Re: Press Release: NeXT Profitable in Q4 '92; N. American Sales Up 36%
#1714
Author: Peter Kron
Date: Sat, 23 Jan 1993 13:18
8 lines
763 bytes
Hmm...I thought I remember around NeXTWorld 92 Jobs quoted as saying NeXT had
been profitable in 91. The comment was in response to not publishing hard
numbers...something like--NeXT was profitable, but not wildly profitable.
Let us get wildly profitable before we give numbers.
---------------
Peter Kron
Corona Design, Inc.
Peter_Kron@corona.wa.com
Thread Navigation

This is a paginated view of messages in the thread with full content displayed inline.

Messages are displayed in chronological order, with the original post highlighted in green.

Use pagination controls to navigate through all messages in large threads.

Back to All Threads