Apples Growth Proves Health
Life in the land Apple Computers is looking very healthy thanks to some 750,000 G3 units being sold marking their third consecutive…
Life in the land Apple Computers is looking very healthy thanks to some 750,000 G3 units being sold marking their third consecutive profitable quarter on July 15.
"Apple had a terrific quarter - we sold a record number of Power
Macintosh G3 computers, customers love our new PowerBooks, Apple earned its highest profits in years, and we ended the quarter with the lowest inventory level among the major PC players," said Apple's interim CEO Steve Jobs. "Looking forward, Apple's improved operational efficiency has paved the way for us to aggressively reenter the consumer market with iMac on August 15."
"Apple's three consecutive quarters of profitability and improved asset management have made Apple much stronger financially," said Apple's CFO Fred Anderson. "We have nearly $2 billion in cash and short-term investments, and we believe we have the infrastructure in place to support our upcoming reentry into the consumer market."
http://www.apple.com/
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