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January 20, 1988

APPLE 1987 FIGURES

By CBR Staff Writer

Since Apple Computer Inc does better in its fiscal first quarter than in any of the other three, yesterday’s figures that show that the company did a billion dollar quarter in the last three months of 1987 doesn’t necessarily mean that it is yet a four billion dollar company, but the achievement is still pretty impressive, and also means that the company is perhaps 55% the size of IBM in personal computers – much closer than the next biggest company is to IBM in the other areas of IBM’s core business: for the calendar year, Apple notes that revenues were over $3,000m, which is pretty impressive for what is essentially a two-product company; full figures – p5.

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