>From CNN.com: http://cnnfn.com/digitaljam/9807/15/apple/
NEW YORK (CNNfn) - Apple Computer Inc. trounced Wall Street's estimates
Wednesday, earning $101 million in its fiscal third quarter.
The profit, which equaled 65 cents a share, marked the first time in three
years that the company has stitched together three straight profitable
quarters.
Excluding one-time items, Apple earned $75 million, or 50 cents a diluted
share in the three months ended in June, well above Wall Street's estimate
of 33 cents a share.
In the year ago period, Apple lost $56 million, or 44 cents a share.
Apple's results were particularly noteworthy because they were achieved
despite a drop in revenues.
Apple posted revenues of $1.4 billion compared to $1.7 billion a year ago.
Apple's interim Chief Executive Officer Steve Jobs attributed the
turnaround to the wide acceptance of its new models. "Apple had a terrific
quarter -- we sold a record number of Power Macintosh G3 computers,
customers love our new PowerBooks, Apple earned its highest profit in years
and we ended the quarter with the lowest inventory level among the major PC
players," Jobs said. <snip>
Suzanne Stephens, Stephens Design; Ashland, Oregon
541-552-1192 http://www.KickassDesign.com/
CyberCircus Grand Prize Winners http://www.thecybercircus.com/
Web Page Design for Designers Design Resources: http://www.wpdfd.com/wpdres.htm
Clip Art: http://www.freeimages.com/stephens/
____________________________________________________________________
--------------------------------------------------------------------
Join The Web Consultants Association : Register on our web site Now
Web Consultants Web Site : http://just4u.com/webconsultants
If you lose the instructions All subscription/unsubscribing can be done
directly from our website for all our lists.
---------------------------------------------------------------------
