🚀 go-pugleaf

On Fri, 19 Jan 1996 07:31:56 GMT, kjfair@midway.uchicago.edu (Kenneth
Jason Fair) wrote:

>In article <4dhh78$ltk@macshack.com>, mikemc@macshack.com wrote:
>
>
>>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 vowed not to post to this thread, but here goes:
>
>1) From what I've seen, Apple is reporting a $35 million loss for Q4 1995.

You're off by more than 30 million.  $68 million, from all accounts
I've read.


>3) Apple lost money this quarter and this quarter only.

They are hinting that they will lose money the next quarter as well,
but likely not nearly as much..


>6) Just because Apple's management may be bad (and is likely to see some
>restructuring) says little about the underlying strength of the company.

Tell that to Amiga users.


>7) If even an industry giant such as Microsoft failed to predict the rise
>of the Internet, I would hardly trust the Wall Street Journal or the
>Washington Times to have a good feeling for the future of the computer
>industry.

True.  But idiotic stock buyers/sellers seems to only be a factor when
Apple stock drops.  When MS/Intel stocks drop along with evey other
technology stock, it's a sign that the "empire is crumbling".  Heck,
some users noted Microsoft was laying off people, a sure sign Windows
95 is not selling well.  Of course, it was from their floppy producing
plant because everyone was buying CD's.  Reactionaries exist on both
sides.

Those corrections aside, I do agree Apple is hardly in a state of any
serious trouble- at the moment.  Reports that a company is losing
millions and laying off may not bode well with future purchasers who
don't know all the details- and many don't.