🚀 go-pugleaf

Robert Salasidis wrote:
> 
> Nevin :-] Liber wrote:
> >
> > In article <30F46E56.6CCF@mts.se>, Martin Nisshagen <martin@mts.se> wrote:
> >
> > > 1. Many people belives that Apple already IS in trouble.
> >
> > I've been hearing this for well over a decade now.  There will always be
> > people who believe that Apple is in trouble.
> >
> > > 2. Don't be *too* suprised if NT WS next year happens to sell more than
> > >    all Mac:s (regardless of wich OS they ship with).
> >
> > Are you willing to put your money where your keyboard is?  If we can find
> > a legal and enforceable way to do it, I'd certainly be willing to make a
> > wager with you on this.  It's easy to be a naysayer when you have nothing
> > to lose by doing so.
> > --
> >         Nevin ":-)" Liber       nevin@CS.Arizona.EDU    (520) 293-2799
> 
> Its called the stock market, just see what happens over the period of
> the next 1-2 years. If Apple is not bought out, they will not do as well
> as Microsoft.
> I pity the company that buys them out. If the buyout decreases the
> loyalty of the Mac hoardes (ie if IBM buys them out), then this will
> hurt them even more than their current problems.

the stock market???  so i guess netscape is doing better than apple or 
microsoft, hmmm?  stock price is not a great indicator but here are some 
facts that may help you understand these two corporations...

From Hoovers Company profiles:

Apple:

                           1991   1992    1993   1994
Sales ($ mil.)            6,309  7,087   7,977  9,189
Net income ($ mil.)         310    530      87    310
Income as % of sales       4.9%   7.5%    1.1%   3.4%
Earnings per share ($)     2.58   4.33    0.73   2.61
Stock price - high ($)    73.25  70.00   65.25  43.75
Stock price - low ($)     40.25  41.50   22.00  24.63
Stock price - close ($)   56.38  59.75   29.25  39.00
P/E - high                   28     16      89     17
P/E - low                    16     10      30      9
Dividends per share ($)    0.48   0.48    0.48   0.48
Book value per share ($)  14.92  18.46   17.45  19.94
Employees                14,432 14,798  14,938 14,592

1994 Year-end:
Debt ratio: 20.0%
Return on equity: 14.1%
Cash (mil.): $1,258
Current ratio: 2.30
Long-term debt (mil.): $304
No. of shares (mil.): 120
Dividends
  Yield: 1.2%
  Payout: 18.4%
Market value (mil.): $4,662


vs. Microsoft:

                          1991   1992   1993   1994
Sales ($ mil.)           1,843  2,759  3,753  4,649
Net income ($ mil.)        463    708    953  1,146
Income as % of sales     25.1%  25.7%  25.4%  24.7%
Earnings per share ($)    0.83   1.21   1.58   1.88
Stock price - high ($)   37.35  47.50  49.00  65.13
Stock price - low ($)    16.24  32.75  35.19  39.00
Stock price - close ($)  37.10  42.69  40.31  61.13
P/E - high                  45     39     31     35
P/E - low                   20     27     22     21
Dividends per share ($)   0.00   0.00   0.00   0.00
Book value per share ($)  2.59   4.03   5.75   7.66
Employees                8,226 11,542 14,430 15,257

1994 YEAR-END:
Debt ratio: 0.0%
Return on equity: 29.8%
Cash (mil.): $3,614
Current ratio: 4.72
Long-term debt (mil.): $0
No. of shares (mil.): 581
Dividends
  Yield: -
  Payout: -
Market value (mil.): $35,514


Note: Apple's sales are more than TWICE Microsoft's. Microsofts Earnings 
are three times Apple's and Microsoft's market value is appr. 8 times Apple's.