Apple Announces Quarterly Results

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Date: Monday, February 1st, 1999, 00:00
Category: Archive

Apple posted their quarterly financial results:

For the quarter ending Dec 30, 2000, Apple posted a net loss of $195 million, or $.58 per share. Revenues for the quarter were $1 billion. ?We took our medicine last quarter and brought our channel inventories back down to about five and a half weeks,? said Steve Jobs, Apple?s CEO. ?We?re starting this year with a bang ? shipping our new PowerBook G4 in January, our new 733 MHz Power Mac G4 in February, and Mac OS X in March.? [Jan 17]

You can read the full details on Apple’s Q1 results page.

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