Apple Computer Inc chief financial officer Joseph Graziano says the strong unit sales of the first nine months are continuing, with a big increase from customers in the educational field. Needless to say however, gross margins are continuing to fall due to the pricing pressures in the industry. He believes that the foreign exchange gyrations in Europe should not impact the company’s results because it has extensive hedging operations in place. The new server due early next year is to spearhead an accelerated push into the business market, which could be a notable contribution to earnings and revenues in the coming years. The move into personal digital assistants, such as the Newton, probably won’t make a contribution to the company’s earnings until late next year, he noted.
