Apple subsidiary Claris has bucked its parent's financial trend by posting a record revenue for its second quarter, while Computer Associates expects fourth quarter earnings to be better than analyst predictions.
Claris' quarter revenue represented an 8.2 per cent rise over the previous year at $69.7 million. Claris president Dominique Goupil said that an "unrelenting focus on creating cross-platform software," attributed to the company's good results.
Computer Associates attributed its performance to its client server product line. The company expects revenues for its quarter to be $1.2 billion and for its fiscal year to be $4 billion, a 15 per cent increase on last year. Earnings are expected to be 90 cents per share, about four cents higher than predicted.