Article View: net.micro.mac
Article #7670Apple has strong quarter
From: Joel West
Date: Fri, 17 Oct 1986 00:50
Date: Fri, 17 Oct 1986 00:50
23 lines
1474 bytes
1474 bytes
For those of you who missed it, Apple's sales were up 25% (to $511
million) and profits up 47% ($33 vs. 22 million) for their
fiscal 4th Q, ending Sept. 26.
They may have shifted forward some dealer Christmas purchases from the
(current) quarter. The IIgs is generating traffic, but has a production
problem with one of the custom chips, presumably involving Apple IIe
emulation.
FY 1986 is $1.9 billion in sales -- a flat performance considered good, given
the slump. Profit went from $61 million to $154 million.
The Sculley reorganization (leading to Mr. Jobs' retirement) is credited
with the improved profitability, despite major investments. Cash on hand
is $576 million, up $240 million, despite $128 m R&D expenditures.
The Mac is now Apple's strongest-selling PC, passing the IIe and IIc.
--
Joel West MCI Mail: 282-8879
Western Software Technology, POB 2733, Vista, CA 92083
{cbosgd, ihnp4, pyramid, sdcsvax, ucla-cs} !gould9!joel
joel%gould9.uucp@NOSC.ARPA
Technical Details
Message-ID:
<829@gould9.UUCP>Path:
arc1-ca.pugleaf.net!utzoo!mnetor!seismo!ut-sally!pyramid!gould9!joelShow Full Headers
Complete Article Headers
Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Path: arc1-ca.pugleaf.net!utzoo!mnetor!seismo!ut-sally!pyramid!gould9!joel From: joel@gould9.UUCP (Joel West) Newsgroups: net.micro.mac,net.micro.apple Subject: Apple has strong quarter Message-ID: <829@gould9.UUCP> Date: Thu, 16-Oct-86 20:50:09 EDT Article-I.D.: gould9.829 Posted: Thu Oct 16 20:50:09 1986 Date-Received: Fri, 17-Oct-86 03:38:44 EDT Organization: Western Software Technology, Vista, CA Lines: 23