Fred Anderson Expect Quotations

We continue to look toward the December quarter as our first opportunity for year-over-year (revenue) growth which we expect to turn into unit growth,

We expect to catch up on the backlog of the G4 ... But we will have supply constraints for the iBook.

It'll take most of the quarter to ramp up production of the iMac, and we're unlikely to be able meet expected demand for the quarter, ... We certainly hope more than half of the iMac sales this quarter will be the new iMacs. How much over half it goes will depend on supply.

In light of the lower results anticipated for the December quarter, we now expect revenue for fiscal 2001 to be in the $6 billion to $6.5 billion range,

We now expect that the slowdown in retail that everyone's experienced since the attack of Sept. 11 will result in our reporting a small loss for our retail stores for the December quarter rather than the break-even results we had previously expected,

We expect to have acceptable margins on the iMac, ... We're not down in that sub-$1,000 space where people are having difficulty making money.