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Apple health: Good News / Bad News

Apple health: Good News / Bad News

CNET staff
Good News An Apple press release declares that its "new online store received over $12 million dollars of orders in its first 30 days of operation. The Apple Store is now one of the top e-commerce sites on the Internet..."

Bad News: On the other hand, MacWEEK reports that: "Apple said its sales slump will continue into next year: 'Net sales will be below the level of the prior year's comparable periods through at least the second fiscal quarter of 1998, if not longer.' That period ends in March. Apple attributed the decline to 'continued customer concerns regarding the company's strategic direction, financial condition and future prospects, and the viability of the Macintosh platform, and to competitive pressures in the marketplace.'"