Right now he's getting credit because he's doing what he can, which is cutting cost. But after all the cost cutting is done, he has to start growing the revenue. That's the main reason why I have a hold on the stock. The top-line growth is not that impressive.
More Quotes from Shaw Wu:
From an industry perspective, consolidation is good. For Maxtor and Seagate, I'm not so sure.Shaw Wu
Apple is really turning more into a digital entertainment company than anything.
Shaw Wu
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.
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
They could see some additional business. I would not be surprised to see some of those customers shift some of their business.
Shaw Wu
There's still some doubt on the Street. The deal's never done until it's done.
Shaw Wu
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