Spotlight: Apple Computer May Report $100-Million Loss
- Share via
Apple Computer Inc. could report a loss as big as $100 million for its fiscal third quarter amid plunging sales of its Macintosh computers, analysts said. It also appears unlikely that Apple will return to profitability by the September quarter, as ousted Chairman Gilbert Amelio had said earlier this year. Amelio’s surprise resignation last week “certainly indicates that their earlier goal is not doable,” Oppenheimer & Co. analyst James Poyner said. Apple will report its earnings Wednesday.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
