Hey: In today's business news. George ----------------- APPLE COMPUTER HAS PROFITABLE YEAR Cupertino, Calif. - Apple Computer Corp. reported its first profitable fiscal year since 1995 as sales of its new iMAC helped the rebounding computer company earn a healthy $106 million in its fourth quarter. The company's earnings released Wednesday translated to 68 cents per diluted share, in the quarter ended Sept.25, compared with a loss of $161 million, or $1.26 per diluted share, in the same period a year earlier. Revenue fell to $1.56 billion from $1.61 billion. Steve Jobs, Apple's co-founder and chief executive officer, noted that fourth-quarter revenue was down from a year earlier, but said it was an improvement over the third quarter. Shares of Apple, which initially traded higher after the news, finished the day down $1.371/2, or 4 percent, to $87.87� on the Nasdaq Stock Market. The futuristic iMAC, which has a $1,299 price tag including a monitor, has sold well since it went on the market in mid-August. Apple said it sold 278,000 iMACs in its first six weeks on the market. _______________________________________________________ George Matyjewicz, C.M.O. mailto:[EMAIL PROTECTED] GAP Enterprises, Ltd. http://www.gapent.com/ Moderator of E-Tailer's Digest http://www.gapent.com/etailer/ Your Resource for Retail on the Net Moderator E-Marketing Digest http://www.webbers.com/emark/ Marketing Your Web http://www.gapent.com/myweb/ ____________________________________________________________________ -------------------------------------------------------------------- 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. ---------------------------------------------------------------------
