APPLE RETURNS TO PROFIT
By Adnews Staff
Apple Computer Corp. of Cupertino, California is beginning to gain ground after steep losses last year. The computer maker has reported a profit of $101 million for the third quarter ending June 26. This compares to a loss of $56 million during the same period last year. Revenues fell to $1.4 billion from $1.7 billion. Apple plans to re-enter the consumer market next month with its iMac computer. The iMac is a white and turquoise machine that Apple expects will revive the computer maker's earlier days.
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