John Connors Quotes (31 Quotes)


    We are planning on PC shipment growth in the low- to mid-single digits for fiscal 2003, consistent with what we told you last quarter.

    We are optimistic for the outlook of PC growth in the upcoming quarters and are particularly enthused about the release of Windows 2000,

    We are cautious about the next quarter. We want to see business PC demand pick up, and the next quarter is a tough comparable quarter because of last year's launch of Office 2000.

    We experienced another record year of business results despite many challenges. In particular, the Asia region rebounded nicely and our consumer business experienced a significant increase in revenue. Although we remain guarded in the near term about business PC growth rates, we look forward to the tremendous opportunity in front of us with the Windows 2000 generation of server products.

    I was impressed with the opportunity New West presented for investors, as well as the contribution the company can make to the Montana economy. New media and publishing represent industries that should be particularly well suited to the great state of Montana.


    To grow a 32 billion company, first you have to do 32 billion in business.

    We previously said that we thought fiscal year 2001 PC growth would be in the 7-to-8 percent range, and it seems to come in at the middle of that range.

    It does not appear to us that there has been any significant change, for better or for worse, in demand for PCs since our last earnings conference call.

    We also think that the PC market could see growth in the low single digits for fiscal 2003 compared to the low single digit declines we are expecting to see for our full-year fiscal-year with 2002,

    As the quarter unfolded it became clear to us that customers are taking a bit longer to renew,

    Results were solid across all businesses, led by accelerating deployments of Windows 2000 Professional in the business sector and Windows Me in the consumer arena, ... While we remain guarded about worldwide economic conditions, we are extremely enthusiastic about our Windows 2000 generation of server products.

    While we think that it is still premature to describe the current trend as a full-scale recovery, our expectations for the June quarter and fiscal 2003 reflect some guarded optimism in the direction the market is taking.

    This holiday season, we will see the launch of Xbox Live and several exciting new game titles. We are very excited about the momentum we have with our product line-up in this incredibly competitive market.

    Getting multi-digit growth in our two main franchises with the share and size we have is tough, but we will have great growth in our businesses that are somewhat smaller.

    Based on our current view of the business we believe that Xbox shipments through June will likely be in the 3.5 million-to-four million range,

    Like many others in the industry, we are seeing slowing PC sales as the quarter progresses.

    The new segments reflect the company's recent re-organization around these priorities and will help investors evaluate our progress in these areas.

    While corporate IT spending was slow to improve this quarter, we saw strength across all of our consumer businesses, driving higher-than-expected revenue for the company.

    We've had a strong beginning to what we expect will be a very good year with continued growth in both our commercial and consumer businesses, ... This quarter we had a very healthy commercial server and desktop business driving double digit revenue growth.

    I had one situation when Jerry went out as my partner on an eviction, and the house had steel doors. The guy locked us in the building and wouldn't let us out.

    There's nothing of the Old West in those places, and you see lots of fur coats and Rolls-Royces.

    There is not much change in the health of the PC ecosystem. Demand from business customers continued to be challenging. We did not see robust corporate demand,

    Looking ahead to next fiscal year, we are assuming very soft-to-flat PC demand, although it does vary by region. Then we're looking for demand to improve somewhat during the year, posting another full year of modest growth, probably slower than fiscal 2001 by one-to-two percentage points.

    We now believe PC shipments will not show any growth from the prior year and will show a decline for the full fiscal year 2002.

    We believe, like many technology companies, that the current weakness in worldwide economic conditions is resulting in a slowdown in PC sales, corporate IT spending and consumer online services and advertising,

    OEM revenue was light as demand for business PCs remained slow in the quarter, and we remain guarded about near-term growth, ... However, PC demand appeared to pick up late in the quarter, and with the launch of Windows 2000, we are excited about the opportunity to help customers migrate to this new generation of platform products.

    Wireless is a space where standards are continuing to evolve. Seeking a perfect security solution is a good governance step, but the speed at which hackers defeat each one makes it a never-ending journey. At some point, you have to just pick a wireless technology.

    While we are enthusiastic about the break-through products and services the company will be delivering in 2001, we remain guarded about the near-term economic outlook and its impact on PC demand and technology spending,

    People ask, are you still a growth stock Compared to these guys, yes we are.

    Broad-based demand and solid execution across all our businesses drove outstanding results for the quarter. Overall corporate IT spending continued to improve and we expect to see healthy demand through the end of our fiscal year.

    We solidly outperformed on revenues, expenses, and earnings per share, and we feel good about where we ended the quarter on unearned (revenue),


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