Steven Fortuna Quotes
While November (pre-Thanksgiving) did see a sequential increase in weekly (telephone sales) call volumes, we believe it was slightly below expectations.
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November | Thanksgiving | Sequential | Increase | Weekly |
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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
Impressively, according to management, 45 percent of iMac customers were first-time buyers of Apple products... While we think this number could be high, clearly it points to the strength of the company's products as well as it potential to drive share gains through further expansion into the consumer market.
- Steven Fortuna
