Re: Apple's in the black

[GUDATH@EZINFO.VMSMAIL.ETHZ.CH (Henrik 'Ratte' Gudat)]

In <54r0ui$n7c@europa.frii.com> shack@deimos.frii.com writes:

> I picked up the latest Macweek today and read that Apple will post a $25
> million profit for Q4 and it's stock is up to 26 or so points. Also the head
> marketing guy, Fred Anderson I think, says the quarter had the highest sales
> to the K-12 market in company history. Plus a 30% price cut which adds up to
> $800 on a Pmac 8500/180. That's about the best news of all.

This are good news. But...

*Nobody* except for the Apple execs knows exactly where these $25 mio come
from. After the $700 mio fiasco when Amelio started at Apple, there definitely
was a certain pressure on him to get back to profits. These profits can
originate from sales to the K-12 market, from cost-reducing measures, by firing
engineers they will need in 3 years, or by selling their Toys'R'Us shares. (No,
they don't own such. :) )

$25 mio is a rather small amount compared to their shareholder value. Maybe
they just hired some financial pro who knows more tricks than the one who got
fired? :-)

- bozo

--
Fast Eddie Labs