Apollo Computer Inc, Chelmsford, Massachusetts expects to report a loss for the second quarter of between $5m and $8m against a profit this time last year of $14m. The company says that the anticipated loss is down to disappointing sales and to problems with its West German subsidiary. It expects sales, at around $145m for the quarter, to be about 10% ahead of the year ago figure. The company still looks for 1988 to be a good year overall, and that its annual results will reflect a high level of demand for the forthcoming 68030-based models of the Domain 4000 workstations, expected shortly. But given that the third quarter is seasonally weak overseas, at this point we don’t expect to see full system resumption until early fall, the company said. Wall Street didn’t take the news at all kindly, and sliced $3.625 off the share price at $11.625 in early trading yesterday.
