<PAGE>

EXHIBIT 11.1  STATEMENT RE:  COMPUTATION OF NET INCOME PER SHARE
                              APEX PC SOLUTIONS, INC.
                        COMPUTATION OF NET INCOME PER SHARE

<TABLE>
<CAPTION>

                                         FOR THE QUARTERS ENDED      FOR THE NINE MONTHS ENDED
                                      SEPTEMBER 25,  SEPTEMBER 26, SEPTEMBER 25,   SEPTEMBER 26,
                                           1998           1997          1998            1997
                                      ------------   ------------  -------------   ------------
<S>                                   <C>            <C>           <C>             <C>
Income before extraordinary
   item                                $ 4,017,035    $ 2,959,889   $ 10,960,679    $ 7,041,617
Extraordinary item - loss on
   early extinguishment of debt,
   net of applicable income tax
   benefit of $72,511                            -              -              -       (140,763)
                                      ------------   ------------  -------------   ------------
Net income                             $ 4,017,035    $ 2,959,889   $ 10,960,679    $ 6,900,854
                                      ------------   ------------  -------------   ------------
                                      ------------   ------------  -------------   ------------

Per share amounts:
   Basic:
      Income before
        extraordinary item             $      0.30    $      0.23   $       0.81    $      0.62
      Extraordinary item                         -              -              -          (0.01)
                                      ------------   ------------  -------------   ------------
      Net income                       $      0.30    $      0.23   $       0.81    $      0.61
                                      ------------   ------------  -------------   ------------
                                      ------------   ------------  -------------   ------------

   Diluted:
      Income before
        extraordinary item             $      0.29    $      0.22   $       0.78    $      0.58
      Extraordinary item                         -              -              -          (0.01)
                                      ------------   ------------  -------------   ------------
      Net income                       $      0.29    $      0.22   $       0.78    $      0.57
                                      ------------   ------------  -------------   ------------
                                      ------------   ------------  -------------   ------------

Weighted average shares used in
 computing net income per
 share:
   Basic:
      Weighted average
        common shares                   13,480,199     12,763,591     13,455,983     11,289,891
      Effect of nominal shares                   -              -              -              -
                                      ------------   ------------  -------------   ------------
   Weighted average shares
      used in computing basic
      net income per share              13,480,199     12,763,591     13,455,983     11,289,891
                                      ------------   ------------  -------------   ------------
                                      ------------   ------------  -------------   ------------
   Diluted:
      Weighted average
        common shares                   13,480,199     12,763,591     13,455,983     11,289,891
      Potential additional
        common shares:
         Stock options
          (treasury stock
          method)                          507,691        517,120        533,115        459,649
         Series A preferred
          stock                                  -              -              -        437,174
      Effect of nominal shares                   -              -              -              -
                                      ------------   ------------  -------------   ------------
Weighted average shares
   used in computing diluted
   net income per share                 13,987,890     13,280,711     13,989,098     12,186,714
                                      ------------   ------------  -------------   ------------
                                      ------------   ------------  -------------   ------------


</TABLE>



                                          18