It will take five to 10 years for China to become a major force. We're still talking relatively small numbers. I can easily see 100-percent growth in the next couple of years.
More Quotes from Jeffrey Maxick:
It's definitely the next big boom, if it's not already, for the PC market. If you talk to Intel, they say China is their third largest market behind the U.S. and Japan. It passed Germany recently. And with PCs getting cheaper, that will be good for Internet companies.Jeffrey Maxick
There are so many poor people in China, and they don't need a super-powerful system. As long as they can get something cheaper and still communicate, that's all that matters. Access to the Internet is the most important thing.
Jeffrey Maxick
It will be a long time before the trial is over, and the stock will have gone through all sorts of gyrations in that time. It's not going to be a huge surprise when the decision is announced. I don't think when the day of reckoning comes the stock will move that much.
Jeffrey Maxick
It's really tough to say how that will pan out. Set-top devices could be one of the major avenues of getting on the Internet. For the masses who don't deal with computers on a regular basis, they'll feel more comfortable with using a TV for access.
Jeffrey Maxick
Right now we have 45-percent PC penetration in the U.S.. It will be years before we see that in China. There's no need for the Internet right now. They have plenty of other problems.
Jeffrey Maxick
Companies have to invest in research and development, lest their competitors pass them by. And they have to spend money in sales and marketing to make sure their products are getting their due in terms of promotion. Right now, the environment is so competitive that it's impossible to shift the increase in costs to the consumer, and companies are getting their margins squeezed.
Jeffrey Maxick
Readers Who Like This Quotation Also Like:
There is no Latter day Saint who dies after having lived a faithful life who will lose anything because of having failed to do certain things when opportunities were not furnished him or her.Lorenzo Snow
Whenever I run into prejudice. I smile and feel sorry for them, and I say to myself, There's one more argument for birth control.
Freddy Fender
With a lot of songs on this record, one verse doesn't relate to the next verse. I don't think that one day really relates to the next day in life.
Neil Young