
Published: 1 October 1998 17:51 GMT
Apple Computer is expected to show its largest increase in sales for two years, according to analyst predictions. Following on from the popularity of the iMac, the company will be looking to post a healthy profit for their fourth quarter ending 30 September.
Jamie Snowdon, industry analyst at Input, said this is "a positive move for Apple".
The original prediction was that Apple would earn 49 cents per share, but new calculations suggest it could climb as high as 75 cents per share. More than 150 thousand iMac machines were ordered in advance of the delivery date.
But Snowdon warned that this could be "a flash in the pan" as a high majority of Apple sales are in the consumer market. The real money is in "selling to businesses", he said.
"People won't throw away a PC for an iMac and Microsoft are still in the process of developing Office for it," he continued. "It's a great product in the home but unsure about its use in the business world"
Financial results for Q4 will be released on 14 October.
Apple refused to comment.
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