🚀 go-pugleaf

On 16 Jan 1996, Mike McCammant wrote:

> In article <4dgvb9$j3q@cville-srv.wam.umd.edu>,
> David T. Wang <veakblad@glue.umd.edu> wrote:
> >Christopher C. Wood (christw@meaddata.com) wrote:
> >
> >: I have no idea who in "the industry" was interviewed.  But experts in
> >: "the industry" can be dramatically wrong about short-term projections,
> >: such as the Summer 1995 projections that Win95 would sell 40 Million
> >: copies in 1995.  Sales were close to 7 Million copies.  Apple has more
> >: than enough cash on hand to operate losing $68 Billion a quarter for
> >: quite some time.  Much longer than experts in "the industry" are
> >: capable of projecting...
> >
> >I don't think that anyone (except maybe the US Gov.) can survive losing 
> >68 Billion a quarter.
> 
> Assuming that the poster meant $68M/Q, I wonder how many quarters it would
> take until the stockholders jumped ship? Not many.  Then all the that  $$$
> that is spoken of goes bye-bye. Make no bones about it, Apple is in deep do-do.
> 
> (Washington Times, 1/15/96, section A11)

I remember a few years back when Compaq was having troubles.  They were 
laying people off and restructuring.  No one who bought Compaq stock at 
the time regrets it now.

I have seen many Apple-is-dying arguments come and go.  Despite all the 
arguments, Apple just kept getting bigger.  

The news of Apple's death has always been greatly exaggerated.
---
James Derr					 derrj@essex.hsc.colorado.edu