Message-ID: <28689363.1075858715681.JavaMail.evans@thyme> Date: Thu, 18 Oct 2001 07:57:55 -0700 (PDT) From: fool@motleyfool.com To: rshapiro@enron.com Subject: Breakfast News: Apple Lowers Guidance Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: The Motley Fool X-To: rshapiro@enron.com X-cc: X-bcc: X-Folder: \RSHAPIRO (Non-Privileged)\Shapiro, Richard\Deleted Items X-Origin: Shapiro-R X-FileName: RSHAPIRO (Non-Privileged).pst ======================== THE MOTLEY FOOL ======================== B R E A K F A S T N E W S Thursday, October 18, 2001 rshapiro@enron.com ================================================================= Dear Fool: Over the next several weeks, we will be revising some of Fool.com's editorial content offerings. Unfortunately, as part of these revisions, this daily Breakfast With the Fool feature will be discontinued with this Friday's edition (Oct. 19). We thank you for your readership and support. Stay tuned for new features coming soon. To subscribe to other Fool email newletters, check this link: http://www.fool.com/community/freemail/freemaillogin.asp?email=rshapiro@enron.com IN THIS ISSUE --------------------- - TOP STORY: Apple Lowers Guidance http://www.fool.com/m.asp?i=521185 - NEWS TO GO: Texas Instruments, Broadcom, and Sprint http://www.fool.com/m.asp?i=521186 - POST OF THE DAY: The Changing Image of Lucent http://www.fool.com/m.asp?i=521187 ================================================================= SPONSORED BY: Ameritrade Ameritrade brings you the market's most valuable commodity: Knowledge. Get a free 6-month Morningstar.com Premium Membership when you open an account. http://www.lnksrv.com/m.asp?i=521188 "What's the market gonna do, sir?" "Fluctutate, my boy, just fluctuate." -- Alleged Conversation between J. Pierpont Morgan, the banker, and an elevator boy in 1929 ----------------------------------------------------------------- TOP STORY ----------------------------------------------------------------- APPLE LOWERS GUIDANCE Apple Computer (NYSE: AAPL), a maker of flashy personal computers, beat Wall Street's fiscal fourth-quarter earnings estimate yesterday, but profits fell 61% over the year-ago period as the company's business struggled because of slowing consumer spending. The company also lowered its guidance for the coming quarter, when personal computer sales usually pick up because of increased spending during the holiday season. >>FULL STORY: http://www.fool.com/m.asp?i=521189 ----------------------------------------------------------------- NEWS TO GO ----------------------------------------------------------------- Siebel Systems (Nasdaq: SEBL), which makes customer-based software, disappointed investors with a rare earnings miss yesterday, forcing the stock down as much as 25% in after hours. The company reported third-quarter earnings of $35.2 million, or $0.07 per share, on revenue of $428.5 million. Wall Street expected earnings of $0.09 cents a share and sales of $490.8 million. In the year-ago quarter, Siebel earned $67.5 million, on sales of $496.5 million. Texas Instruments (NYSE: TXN), the world's largest maker of computer chips for mobile phones, reported better-than-expected sales and earnings after the markets closed yesterday. The company lost $57 million, or $0.03 per share, compared to a profit of $589 million, or $0.33 per share, in the year-ago period. Wall Street expected a loss of $0.04 per share. Revenues dropped 9% over the year-ago period to $1.9 billion, slightly better than expected. Broadcom (Nasdaq: BRCM), a maker of communications chips, reported a loss of $1.6 billion, or $6.36 per share, versus a loss of $14.1 million, or $0.06 per share, in the year-ago quarter. Revenues fell from $319.2 million in the same period last year to $213.6 million. Excluding charges, Broadcom lost $0.13 per share, two cents ahead of Wall Street's estimate. (For more on Broadcom's business, visit our InDepth: Computer Hardware page.) http://www.fool.com/m.asp?i=521190 Sprint (NYSE: FON), the third largest long-distance carrier in the U.S., posted third-quarter profits that fell 36% and said it was canceling its high-speed network access "ION" initiative, a move that will force it to cut 6000 workers and take a $2 billion charge. Sprint earned $0.28 per share, versus $0.43 per share in the year-ago period, inline with Wall Street's estimate. Sprint PCS (NYSE: PCS) lost $0.29 per share, versus Wall Street's estimate of $0.22 per share. ----------------------------------------------------------------- POST OF THE DAY ----------------------------------------------------------------- THE CHANGING IMAGE OF LUCENT "I have never been more proud to be a Lucent employee than I have over the past six weeks. The spirit that has pervaded all Lu employees during this time has been inspiring. Whether the employee is an Installer, Engineer, Customer Service Rep, or Program Manager, I have never heard anyone complain about the long hours we are working." >>FULL POST: http://www.fool.com/m.asp?i=521191 ================================================================= SPONSORED BY: Ameritrade Ameritrade brings you the market's most valuable commodity: Knowledge. Get a free 6-month Morningstar.com Premium Membership when you open an account. http://www.lnksrv.com/m.asp?i=521192 ================================================================= My Portfolio: http://www.fool.com/m.asp?i=521193 My Discussion Boards: http://www.fool.com/m.asp?i=521194 WANNA TAKE THE SHORTCUT? Check out our new Crash Courses, the fastest way to get your finances in order. Get results in less than an hour, for just $10. Try one today! http://www.fool.com/m.asp?i=521195 PERKS FOR FOOLS ONLY Get free stuff and special offers, just for you! http://www.fool.com/m.asp?i=521196 CUSTOMER SERVICE Ask our staff for help with email delivery problems. http://www.fool.com/m.asp?i=521197 UNSUBSCRIBE Here's how to unsubscribe or change your settings. http://www.fool.com/community/freemail/freemaillogin.asp?email=rshapiro@enron.com _________________________________________________________________ Copyright (c) 1995-2001 The Motley Fool. All rights reserved. Legal Information: http://www.fool.com/m.asp?i=521198 MsgId: msg-4421-2001-10-18_10-41-25-3848514_2_Plain_MessageAddress.msg-10:51:08(10-18-2001) X-Version: mailer-sender-master,v 1.84 X-Version: mailer-sender-daemon,v 1.84 Message-Recipient: rshapiro@enron.com