Someone ought to be able to make a profit. If you ask Compaq, they'll tell you they're doing well in the consumer market. Compaq is getting whacked at the low-end corporate market.

Not a lot of people converted to Windows 95. It happened much more slowly than people expected, and it was really skewed into the business and corporate market as opposed to the home market. That reflected on the retail sales.

Twenty-two percent gross margins mean that Apple gets more money per machine they sell. That's good. The other thing is that the operating expenses are substantially reduced. That means that the overhead involved in selling the machines has gone down substantially which reduces the break-even point for the company.

The wild card here is if they can rebuild their consumer franchise. In order to do that, they need to have some aggressively priced products below $1,000 in the marketplace for Christmas of next year. I think they can do that.

Yes here's to the founding fathers—slave-owners, British citizens who didn't want to pay taxes...

I remember that Charles Schulz, at the end of his life, had eyes full of tears for Charlie Brown. I thought about the reason for all his emotion: he had lived for 50 years with them.