Laptop sales spur strong earnings

Article Abstract:

Apple reports a 20 percent increase in 4th qtr FY 1992 income and record revenues, a result of the company's hugely successful PowerBook notebook computer. The PowerBook has sold more than $1 billion in a year's time, and is the most successful personal computer since the original IBM PC microcomputer. Apple's earnings hit $97.6 million, or 81 cents a share. Revenue rose 17 percent to $1.77 billion from $1.51 billion in the 4th qtr of the 1991 fiscal year. The financial success of the company reflects Apple's determination to gain greater market share by cutting its prices, gross profit margins and expenses. The industry had feared that Microsoft Windows could detract from Apple's sales, but that prediction seems to be less threatening as Apple's sales rise.

Electronic computers, Statistics, AAPL, Sales, Revenue, Apple Inc., Financial Analysis Software, Financial Report, Fourth Quarter, Apple Macintosh PowerBook (PowerPC-based notebook)

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Microsoft shows gains despite industry slump

Article Abstract:

Microsoft reports a 65 percent profit gain on a 57 percent revenue increase in the 3rd qtr ended Mar 31, 1991. Microsoft's net income is $123.8 million (98 cents a share), up from $75.2 million (62 cents a share) for the same period in the preceding year. Sales are increased to $486.9 million, from $310.9 million in the preceding year. Per share figures are up, reflecting a 4 percent rise in shares outstanding, to $126.3 million. Microsoft's dominance in certain parts of the software market, notably in operating systems for microcomputers, is cited as a reason for the company's success and growth.

Computer integrated systems design, Microsoft Corp., Profits, MSFT, Growth (Physiology), Growth, Computer Industry, Third Quarter, Profit

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