While we look for limited near-term benefit from this announcement, we believe it creates a significant long-term potential upside opportunity for Apple.
More Quotes from Harry Blount:
It's legitimate to think we will see a slowdown in PCs and servers in 2005 but what the Street may be underestimating is Dell's ability to grow earnings through profit margin expansion,Harry Blount
We believe that this is likely to adversely impact sentiment towards semi vendors with exposure to PCs in the absence of what would have been a potentially significant catalyst for PC holiday consumer sales.
Harry Blount
Pricing should remain intact, ... Times are relatively good for the drive industry and everybody seems to be behaving themselves in terms of not overproducing.
Harry Blount
If Microsoft delivers what it promised, Microsoft will make a big jump forward.
Harry Blount
I think they are going straight at the ultimate goal of digital convergence. Apple already has a powerful media portal on the Internet and they need to extent the virtual portal into your living room.
Harry Blount
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