WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE. Exhibit 27 Financial Data Schedule <ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the Registrant's audited consolidated financial statements as of and for the twelve months ended December 31, 1997, and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000924642 <NAME> Applied Cellular Technology, Inc. <PERIOD-TYPE> 12-Mos <FISCAL-YEAR-END> Dec-31-1997 <PERIOD-START> Jan-01-1997 <PERIOD-END> Dec-31-1997 <CASH> 7656850 <SECURITIES> 0 <RECEIVABLES> 20063820 <ALLOWANCES> 675000 <INVENTORY> 10872007 <CURRENT-ASSETS> 39574608 <PP&E> 10324860 <DEPRECIATION> 4986147 <TOTAL-ASSETS> 61281576 <CURRENT-LIABILITIES> 20112442 <BONDS> 2199837 <COMMON> 20672 <PREFERRED-MANDATORY> 900000 <PREFERRED> 0 <OTHER-SE> 36263957 <TOTAL-LIABILITY-AND-EQUITY> 61281576 <SALES> 101746020 <TOTAL-REVENUES> 103159114 <CGS> 54134625 <TOTAL-COSTS> 69407816 <OTHER-EXPENSES> 29839044 <LOSS-PROVISION> 327810 <INTEREST-EXPENSE> 978339 <INCOME-PRETAX> 4806188 <INCOME-TAX> 1768679 <INCOME-CONTINUING> 3037509 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2268309 <EPS-PRIMARY> 0.18 <EPS-DILUTED> 0.15