Steven Fortuna Quotes
We are cutting our revenue and earnings forecasts for Compaq due to a clearly slowing consumer market for PCs -- an area that has been responsible for a significant amount of the company's recent top-line growth -- the likelihood of increased pricing pressure from Dell on the corporate side, and fears related to economic uncertainty. 
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Cutting | Revenue | Earnings | Forecasts | Compaq |
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Hurd continues to realize cost savings well ahead of plan.
- Steven Fortuna
Last night, Apple pre-announced a massive shortfall in expected revenue for the current quarter as well as for the remainder of the fiscal year. This does not come as a surprise to us, although the magnitude of the shortfall surpassed even our low expectations... We believe it is important to note that we have been much more negative regarding the Apple story than the Street consensus over the past several months.
- Steven Fortuna
We are cutting our revenue and earnings forecasts for Compaq due to a clearly slowing consumer market for PCs -- an area that has been responsible for a significant amount of the company's recent top-line growth -- the likelihood of increased pricing pressure from Dell on the corporate side, and fears related to economic uncertainty.
- Steven Fortuna