50 ordspråk av John Connors

John Connors

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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.

Doubters may bet a week's salary against us, but I wouldn't bet the ranch,

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

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 our short-term results will continue to be affected by the current economic environment, our long-term outlook on the information technology market and the PC industry remains positive.

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

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,

there are some indications that the PC market could be stabilizing.

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.

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 see an admittedly mixed environment,

The global PC market continued to deteriorate in the December quarter, with all major economies around the world reflecting the weakness,

Although the month of December was somewhat better than we had expected, we do not think we are in a recovery leading to positive growth in the future,

lower to mid-single digits.

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.

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