"The moment-of-truth time is going to the March quarter."

Unit sales jumped 85 percent in the March quarter, compared to a year earlier.

The company announced on Wednesday that it would take a $93 million charge in its March quarter.

Same-community revenue increased 5.1 percent in the March quarter, but expenses at these operations rose more - 6.5 percent - during the period.

Despite the announcement of the scheme, spending on mineral exploration in the March quarter was the highest ever at $1.086 billion.

Through its March 31 quarter, Disney has had 21 successive record quarters.

Two of the nation's largest chip makers reported today that results for the March quarter showed improvement, indicating a continuing turnaround in the semiconductor industry.

The results will not show up until the March 1989 quarter.

In the March quarter, revenue growth fell to 4.2 percent from levels above 25 percent in each of the previous three periods.

At the same time unemployment had hit a record high of 14.6 in the March quarter of 1930.