Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP
Path: 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
Xref: mnetor net.micro.mac:7592 net.micro.apple:1536

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