I.B.M. and Apple reported near licensing agreement; deal unlikely to include Macintosh clones

Article Abstract:

Apple and IBM's Microelectronics division are reported to be near an agreement under which IBM would license the Macintosh operating system, but observers do not believe the agreement calls for IBM to make Apple clones. Instead, IBM, which already makes PowerPC chips, will simply offer clone makers a single license for the chip and the operating system. Apple has been seeking a major computer manufacturer to make clones as part of its effort to revamp its business strategy. The strategy, which has been hinted at by Apple Chmn and CEO Gilbert F. Amelio, would call for Apple to distinguish itself by offering high-priced machines with outstanding performance and reliability. To support this plan, Apple would need a partner willing to manufacture clones for those interested in lower-priced systems. Apple's stock rose $1.625 to close at $26 on Apr 9, 1996, on news of the potential agreement, while IBM's stock dropped $1.50 to $117.875.

Licensing agreements, Company licensing agreement, International Business Machines Corp. IBM Microelectronics Div.

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Defying skeptics, Apple raises its market share

Article Abstract:

The PC industry shipped 14.2 million systems in 3rd qtr 1995 as growth continued at a 21% annual rate. Apple reasserted itself as the second-largest seller of PCs behind Compaq, as the company's worldwide market share rose to 9% in the quarter, compared to the 7.4% it held in 2nd qtr 1995. Apple's production was hampered by a shortage of components and by notebook computer batteries that burst into flame, and some analysts question whether the company has developed a lasting solution to its problems. Compaq still leads the PC market, holding 10% of the worldwide market and shipping 1.485 million systems, up 21.6% from the number of units shipped in 3rd qtr 1994. IBM's market share dropped to 8.1%, placing it third in the rankings, while Packard Bell held fourth place with a 5.9% market share and sales of 835,000 units. NEC sold 682,000 machines to end in fifth place.

Compaq Computer Corp., CPQ, Microcomputer industry, Forecasts and trends, Market share, NEC Corp., Packard Bell NEC Inc., Market Trend/Market Analysis

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Apple to post quarter profit of $45 million: Wall Street is surprised; share price jumps 20%

Article Abstract:

Apple will earn a $45 million profit on revenue of $1.575 billion for the 1st qtr 1998, acting CEO Steven R. Jobs said. The announcement to more than 4,000 Macintosh enthusiasts surprised analysts, who had projected Apple to lose 6 cents a share for the quarter, according to First Call. By comparison, the computer maker's 1st qtr 1997 performance was a net loss of $120 million, or 96 cents a share, on revenue of $1.575 billion. Apple's stock leaped by $3.0625 or 20%, following the disclosure, to $18.9375 on volume of 16.2 million shares. The quarterly profit marks Apple's first return to the black since 4th qtr 1996's $25 million profit on revenue of $2.3 billion. Jobs said the results do not suggest that the struggling Apple has achieved a turnaround.

Management, Finance, Securities, Company sales/revenue, Company sales and earnings, Company earnings/profit, Company securities, Jobs, Steven

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