Overall I'd categorize the number as generally in line. The guidance was slightly off, but it's nothing to get too alarmed or too excited about.
More Quotes from Sunil Reddy:
Earnings were extremely robust. The bottom line is that people who doubted that the earnings acceleration would continue have been proven wrong.Sunil Reddy
This is not new news but it carries a lot of weight coming from Chambers. The message is that things are not getting worse.
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Third and fourth tier companies that bounced sharply last year are having a tough time, ... But IBM and EMC did fine. SAP did fine.
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The clear message from Intel to Wall Street is 'Let's not get carried away.'
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Definitely some preannouncements make you pause and wonder what's going on, ... Even though these are unique events, a lot of surveys show tech spending is just ok, not great.
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There is too much competition in online music. It's not clear who has the upper hand.
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