AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Its Base Was Apple Of Investors' Eye.(THE SMART INVESTOR)(WINNING WAYS)
Byline: KEN HOOVER
If you want to get a feel for how far the computer revolution has come, think back to 1980 and the hot new Apple III computer.
Just imagine: You could type words on a tiny green screen and print them out on a slow, noisy, low-quality, dot-matrix printer. A fully loaded model cost only $7,800.
By 1984, Apple had a real business machine, the Macintosh. Corporate America was still buying from IBM. But the Mac was more fun than anything that guy in Seattle had dreamed up.
Apple stock was already a favorite of institutions and individuals when it broke out of a 24-week cup-with-handle base on Nov. 24, 1986 1. The company had emerged from tough times with layoffs and a battle between its two top leaders, John Sculley and Steve Jobs, the year before. The stock price dropped from 63 in 1983 to 14 in 1985.
By the time the stock broke out at 35, earnings were turning around. The previous two quarters saw profit rise 20% and 25% after four quarters of declines. The five-year growth rate was 15%. Sales were up 42% in the latest quarter. The Earnings Per Share Rating was 86. The Relative Strength Rating was 87.
The last 12 weeks of the base were especially tight. Up days showed mostly higher volume than down days. Volume dried up during dips and during the handle.
- What ever happened to...the Apple III: Apple's insanely flawed wonder platform?
- Magazine article from: Computer Shopper Dvorak, John C. July 1, 1992 700+ words
The Apple III: Apple's Insanely Flawed Wonder Platform...die as soon as they're released. The Apple III is perhaps the most famous example of this...s hiring was geared toward Sara, the Apple III. (Although the Macintosh and Lisa projects...
- May 1982.(testing Hitachi Peach and Apple III)(Brief article)
- Magazine article from: Personal Computer World Larsen, Emil March 22, 2007 700+ words
...two very odd looking fruits, the Hitachi Peach and the Apple III, both of which were called in for a bench test. Stephen...many buyers at the right price. Dick Pountain tested the Apple III, which featured a powerful 2MHz processor and 128KB of...
- Apple Computer, Inc.
- Reference information from: International Directory of Company Histories January 1, 1992 700+ words
...pressures on the designers of the Apple III, despite the fact that sales of...doubled to 78,000 in 1980. The Apple III was well received when it was released...dominated by IBM. However, the Apple III was released without adequate testing...
- Apple Computer Inc
- Encyclopedia entry from: Gale Encyclopedia of E-Commerce January 1, 2002 700+ words
...250. In 1980, Apple released the Apple III, its most advanced machine to date...and four peripheral slots, the Apple III was priced at $3,495 —...Apple introduced the Apple IIe and Apple III Plus PCs; the ImageWriter printer...
- How we failed Apple; a founder laments a legendary company's decline.
- Magazine article from: Newsweek Wozniak, Steve February 19, 1996 700+ words
...computer especially for them, the Apple III. With IBM nipping at our heels...and ad for three years was for the Apple III and not for the largest-selling computer worldwide, the Apple II. Somehow, we prospered and went...
- Taligent orphaned at birth? (joint venture company of Apple and IBM) (Trends &...
- Magazine article from: Computer Shopper Wohl, Amy June 1, 1992 700+ words
...those who remember, not fondly, Apple's difficulties trying to rationalize...multiple operating systems (remember the Apple III?) and wonder just what this multi...unlikely to give it the major voice Apple and IBM claimed it would seek. Or...
- ComputerLand will make Apple 's product line available in all its franchises.
- Press release article from: PR Newswire July 2, 1984 700+ words
...States and Canada can begin carrying Apple's products, including the newly-introduced Macintosh and Apple IIc as well as the Apple IIe, Apple III and the Lisa 2 series of computers. Full scale product shipments will begin in September when current...
- COMPUTERLAND PLANS INVENTORY SALE; APPLE'S MAC PLUS PANNED
- Newspaper article from: The Journal Record JOHN GRAFF February 12, 1986 700+ words
...franchisees. Look for deals on the discontinued butcompetent Apple Lisa and Apple III hard drives, as well as useful software that the technophiles have abandoned as no longer leading edge. - Apple Computer Inc.'s bigger Mac was panned by industry...
