that business has been in and is in a transition phase this year, and a real positive sign was that this quarter. Profits improved in Europe by 24 percent over the first quarter. That's the first step in the transition. We've got a management team that is coming together and we believe that by the fourth quarter, we'll be in very good shape to accelerate growth and so right now we're very hopeful and positive and the transformation is on track.
More Quotes from Kevin Rollins:
Our mindset always says it's not how big the market is but how profitable it can be as the key determiner of whether or not we want to be in it.Kevin Rollins
After the second quarter, we took a hard look at execution and made changes to balance our pricing and product range, ... We implemented improvements to increase efficiency and drive lower operating expenses, and we focused resources to improve customer support. We are already seeing results including the consolidation.
Kevin Rollins
We own 18 percent of just the PC business. Now that's only about 60 percent of our business today.
Kevin Rollins
You cannot have companies where many of the largest ones lose money indefinitely without someone finally waving the white flag, and IBM is the most recent example of that.
Kevin Rollins
We believe that the fundamentals of our business are still very healthy, and we did beat analysts estimates in terms of our earnings, and saw an opportunity to make a little more money with some slowness in Europe and the government sector. In the second half, we're still confident that the target and goal we have talked to the Street about, the 30 percent growth, is achievable, and believe that seasonally the second half is better, and will be this year as well,
Kevin Rollins
Component costs fell at an unprecedented rate last year, and we gained significant new business from passing those declines to customers more rapidly than anyone.
Kevin Rollins
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Based on Topics: Change Quotes, Management Quotes, Sign & Symbol QuotesI have two luxuries to brood over in my walks, your loveliness and the hour of my death. O that I could have possession of them both in the same minute.
John Keats
We must find new lands from which we can easily obtain raw materials and at the same time exploit the cheap slave labor that is available from the natives of the colonies. The colonies would also provide a dumping ground for the surplus goods produced in our factories.
Cecil Rhodes
My feeling toward the animal is that he is our younger brother, and that we are our brother's keeper.
Mary Johnston