The quarter itself was pretty solid. What was kind of a disappointment was the guidance, which is in-line to a bit lower.
More Quotes from Shaw Wu:
We believe Mac sales are coming in ahead of expectations,Shaw Wu
There's still some doubt on the Street. The deal's never done until it's done.
Shaw Wu
Apple is benefiting from a strong back-to-school period where students need a personal computer today, and Macs remain the preferred PC platform for managing documents, music, photos, and videos.
Shaw Wu
Apple has offset the gross margin pressure by managing its business better.
Shaw Wu
We believe this would be a successful strategy, given the type of content and markets Apple has had success in.
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
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