5 years ago today... Apple continues its growth

It really was turning a corner...

By silicon.com, 1 October 2003 17:37

NEWS 01.10.98: 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 150,000 iMac machines were ordered in advance of the delivery date. 01.10.03: Was it really this long ago that Apple turned the corner? It would seem some PC vendors are still catching up in terms of design in comparison to the iMac - maybe they'll never get there or realise that design does matter. But the resurgence was about more than sales figures. At the time, Steve Jobs had returned as 'interim CEO'. In the subsequent five years the company may not have won much more of the market - over 10 per cent again would be something - but it has released solid, innovative products and led the way in several areas. Coincidentally, today has seen Jobs top silicon.com's annual Agenda Setters poll for the first time. His leadership skills, acceptance of open source for OS X and proving that consumers will pay for music online through the creation of the iTunes service struck a chord with our panel of experts. It hasn't all been uphill since 1998 and there are still plenty of criticisms that can be levelled but Apple and Jobs continue to be influential.

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