Glitch at Apple Computer Corp.

greenspun.com : LUSENET : Grassroots Information Coordination Center (GICC) : One Thread

[How ironic..]

WASHINGTON, Feb 1 (Reuters) - Apple Computer Inc. (NasdaqNM:AAPL - news) said on Tuesday that the Y2K bug caused a few minor malfunctions in its information technology systems, but there was no big impact on the company's financial performance.

Through January 2000, Apple ``experienced a limited number of minor malfunctions in its information technology (IT) systems as the result of the date change,'' the personal computer maker said in its quarterly report filed with the Securities and Exchange Commission.

Apple, which has spent about $10 million to prepare for the 2000 date switchover, said there might be more minor malfunctions of its IT and non-IT business systems. But it also said these would not have a major impact on results of operations or its financial condition.

The company's continued Y2K compliance in 2000 depends, in part, on the continued compliance of third parties with whom it does business, Apple said in the quarterly report.

Apple had predicted in its annual report filed with the SEC a few days before Christmas that there might be some small malfunctions and failures in the systems at the beginning of 2000 that were not previously detected by the company.

http://biz.yahoo.com/rf/000201/bgj.html

-- Antoine Neron (metis@2000now.org), February 02, 2000


Moderation questions? read the FAQ