October 19, 2001

Apple's cautious winter

Author: JT Smith

Macworld: "
Apple overcame a bleak economic climate to turn a $66 million profit and finish slightly ahead of analysts' expectations for the
fiscal fourth quarter. And while the company's solid performance was greeted warmly by investors, don't expect Wall Street to
get too excited over Apple's immediate prospects.

The reason? Investors hate uncertainty. And when it comes to looking ahead to the end of 2001, retailers and computer
makers--Apple included--can offer little besides uncertainty."

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