Newsgroups: comp.sys.mac.advocacy
Subject: NeXT Profitable Q4 '92
From: feijai@endor.byu.edu (Sean Luke)
Date: 23 Jan 93 15:05:35 -0700
Reply-To: sean@digaudio.byu.edu

(From c.s.next.advocacy)

NEWS

FOR IMMEDIATE RELEASE

Contact:	Allison Thomas
		Allison Thomas Associates
		(818) 981-1520

NeXT Profitable in Q4 '92
North American Sales Up 36% in 1992

REDWOOD CITY, Calif., January 21, 1993 - NeXT Computer, Inc. today
announced its first quarterly operating profit, for the fourth
quarter of 1992, on revenues of $45 million.  NeXT also announced
worldwide revenues of $140 million for the year ended December 31,
1992, an increase of 10 percent over the prior year's $127 million.
Highlighted were North American revenues, which increased 36 percent
year to year, from $72 million to $98 million.

"NeXT had a solid 1992, with a growth rate more than double that of
the total workstation market, which grew 4.2 percent, according to
Dataquest," said Peter van Cuylenburg, NeXT's president and chief
operating officer.  "We achieved profitability in Q4 on the basis of
increased revenues, higher gross margins and reduced expenses."

Steven P. Jobs, NeXT's chairman and CEO, commented:  "We added to our
base of large customers in 1992, which now includes Chrysler
Financial, McCaw Cellular, WilTel, Bozell (BJK&E), Mount Clemens
Hospital, First National Bank of Chicago and Swiss Bank Corporation.
One of these customers is already using NeXTSTEP on more than 1,000
desktops, and several others are planning multi-thousand desktop
deployments during the next 12 to 24 months."

One of NeXT's most recent new customer wins is AIG Trading
Corporation, a currency and commodities trading company that is
designing its new trading floor completely around the object-oriented
NeXTSTEPd environment.

"Fast, reliable and cutting-edge communications and information
technology are critical to our success," said Tom Borgeson, director
of technology for AIG Trading Corporation.  "We are sold on the
object-oriented approach to developing and using software, and
NeXTSTEP is the leader in integrating that approach onto a UNIX
platform.  We're very excited about using our NeXT systems to develop
applications in-house and to integrate voice and text communications,
especially using NeXTmail."

About NeXT
NeXT Computer, Inc. designs and markets the industry-acclaimed
NeXTSTEP object-oriented system software environment.  NeXTSTEP is
used by medium and large organizations to develop and deploy
mission-critical applications, using both custom and shrink-wrapped
software.  NeXT is headquartered at 900 Chesapeake Drive, Redwood
City, Calif., 94063.  


-30-


NeXT, the NeXT logo, NeXTSTEP and NeXTmail are trademarks of NeXT
Computer, Inc.  All other trademarks mentioned belong to their
respective owners.






AND NOW THE COMMENTARY:

Evern since Peter van Cuylenburg (NeXT's Sculley) joined Steve last year,  
the whole place has become a mess.  Most of NeXT's vice presidents have been  
fired, left, resigned, or whatnot...I don't think this is because NeXT is  
going under, but is a natural outcome of Van Cuylenburg's headhunting.

Van Cuylenburg is rumored to be pushing for NeXT to become a purely software  
company, but Steve doesn't like that (he likes making cool-looking machines,  
I suppose...and I agree).  Nonetheless, NeXT is branching out to the 486, HP  
(yep...just closed the deal), and possibly other platforms (SPARC?  SGI?   
Alpha?).  And it's *all* software.  

The profit margins for a software company are far higher than those for a  
hardware company, which is good, but NeXT will be going head-to-head with  
Novell, Sun, OSF, and the big guy, Microsoft.  NeXT has had it worse before.   
I think we're looking at a saavy company here.  Let's just hope it *stays*  
profitable.

--

Sean Luke
Brigham Young University                   MILK:  It Comes From Cows
sean@digaudio.byu.edu  
NeXTmail and nifty Mac stuff welcome
Newsgroups: comp.sys.mac.advocacy