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Tech Industry

Short Take: Apple may post more losses

Apple Computer's financial problems may continue longer than expected. Despite earlier predictions that it would return to sustained profits by the end of the March quarter, company executives now expect to become profitable by the end of June, according to Bloomberg news service. Last week, Apple said it expects to report on January 15 an operating loss of up to $150 million for the first quarter.

Apple Computer's financial problems may continue longer than expected. Despite earlier predictions that it would return to sustained profits by the end of the March quarter, company executives now expect to become profitable by the end of June, according to Bloomberg news service. Last week, Apple said it expects to report on January 15 an operating loss of up to $150 million for the first quarter.