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.
More Quotes from Shaw Wu:
HP is not going to be cutting RD or the innovation that the company is known for. What they are doing is prudent,Shaw Wu
Expectations were getting out of hand. It's good to see Apple trying to reset them.
Shaw Wu
It's hard to cut costs and improve revenue at the same time. But HP is paying less and getting more.
Shaw Wu
We believe Apple is having some difficulty building enough to meet demand, but we are not too concerned as we believe this is a good problem to have instead of building too many for no demand.
Shaw Wu
Today, they're arguably the strongest company around in terms of their technology ... their customer base and their brand name.
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
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