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Technology / AI and automation

APOLLO 3Q OUTLOOK IS UNCERTAIN

Further adding to the gloom, Apollo Computer Inc, whose second quarter loss of $7.9m was right at the top end of its forecast range (CI No 977), said it was uncertain about the outlook for the third quarter, which is traditionally weak for the Chelmsford, Massachusetts workstation builder: the company, which lost

2.9m in the third quarter last year, says that it will maintain its rate of funding for product development because it believes the long-term outlook to be bright.

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CBR Staff Writer

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