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-------------------------------------------------------------- This story was printed from dtheatre.com, located at http://www.dtheatre.com/read.php?sid=108. --------------------------------------------------------------
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Apple Profit: $203 Million By SKillBot, (DT) August 12, 1999 3:35 PM PT |
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Apple Computer had a profit of $203 million in its third fiscal quarter of 1999, nearly twice what analysts had expected.?It was Apple's seventh consecutive profitable quarter.?Revenue for the quarter totaled $1.56 billion, up 11 percent from a year ago.?Unit growth is 40 percent higher than it was a year ago, and Apple has cash reserves of over $3.1 billion.?Recently, Apple stock was trading at $56, a six-year high.? |
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