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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