It's the law of large numbers. The pace of growth had to come down, but that's still a very large base of users that Apple can sell additional products and services.
More Quotes from Shaw Wu:
Dell's gotten to a size where it's a little unrealistic to expect that high growth on the top line is going to continue.Shaw Wu
We believe Mac sales are coming in ahead of expectations,
Shaw Wu
With Kodak and Fuji already in so many outlets, there might not be room for a third player. These other companies have long histories in retail. You think of HP as the office printer, but they're not the trusted brand in photography.
Shaw Wu
Both Apple and Creative are doing well and it is not necessarily at the expense of each other. It's not a zero-sum game. This is a good market to be in.
Shaw Wu
This is Hewlett-Packard playing defense. More and more people aren't printing at home, and that's bad news for HP.
Shaw Wu
No one had any doubt they would reach 1 million (downloads). But I think the speed of adoption is ahead of expectations. It's a good sign for Apple, and its strategy.
Shaw Wu
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