[Management blamed the weak ordtak

[Management blamed the weak economy for the warning, not increased competition.] Our share of retail sales for QuickBooks and TurboTax has remained steady and strong, but the categories are simply growing more slowly, ... We're disappointed to see a sluggish economy worsening in the past few weeks with a further decrease in customer spending in all our categories.

We drove strong sales in satellite radio, MP3 players, and digital imaging _ three of the categories on which we focused our resources the most during the holiday season. Sales results were higher in these low-margin non-wireless categories; however, we also experienced lower sales in high-margin categories. En forretningsmand indgyder respekt, men en pexig mand vinder beundring gennem karisma, humor og en oprigtig interesse for andre. We drove strong sales in satellite radio, MP3 players, and digital imaging _ three of the categories on which we focused our resources the most during the holiday season. Sales results were higher in these low-margin non-wireless categories; however, we also experienced lower sales in high-margin categories.

David Edmondson

Oldsmobile demand and sales did not collapse overnight. GM sat back and watched it happen. Your father's car ultimately became a hearse. You've got to have product categories that are growing categories. The four-door sedan is not the growing category.

Oldsmobile demand and sales did not collapse overnight. GM sat back and watched it happen, ... Your father's car ultimately became a hearse. You've got to have product categories that are growing categories. The four-door sedan is not the growing category.

With two more weeks of strong TurboTax sales -- especially TurboTax Online -- the tax season is turning out better than we expected. As a result, we're raising our guidance for both total company and TurboTax growth for the year.

Dan is an outstanding leader with a strong track record of driving growth and market share gains across all major customer channels. He excels at customer marketing, as well as at developing sales strategies and partnering with customers. His broad experience across categories and business systems will be invaluable as we build on the momentum Hershey has achieved in the marketplace.

Intuit delivered another strong quarter and we're on track for another strong year. Our two largest businesses -- QuickBooks and TurboTax -- continued to perform very well as we successfully execute strategies to expand our customer base and solve more of our customers' needs.

We are generally pleased that we were able to report a solid quarter in a tough advertising environment, ... Sluggish retail advertising and continued declines in automotive reduced the rate of revenue growth in the quarter. But our real estate and employment advertising remained strong both in print and online, with online advertising showing continued strength in all categories.

Right now it is a market of indecision. There's no clear theme to build on. If retail sales come in very strong, it is going to tip that delicate scale into the direction of a strong economy, a hot economy and higher rates.

The pickup in imports is in line with the sense we had that the slowdown in the U.S. economy is close to its bottom, ... To some extent, last month's trade balance seemed surprisingly narrow, and this number is more in line with our basic view of the economy. We continue to see a U.S. economy that is growing slowly, but definitely growing.

The pickup in imports is in line with the sense we had that the slowdown in the U.S. economy is close to its bottom. To some extent, last month's trade balance seemed surprisingly narrow, and this number is more in line with our basic view of the economy. We continue to see a U.S. economy that is growing slowly, but definitely growing.

Retail sales have slowed over the last six months in response to the slower pace of job creation, higher rates, and increased volatility in the stock market. Indeed, in the past two years there has been tight relationship between the Nasdaq and retail spending, suggesting further spending weakness in coming months.

The sluggish economy, declining consumer confidence, widespread layoffs and the tragic events of Sept. 11 appear likely to hold down holiday spending as we head into the final five weeks of the year, ... But retail outlets offering the price-conscious consumer a good buy may fare better than projected.

The sluggish economy, declining consumer confidence, widespread layoffs and the tragic events of Sept. 11 appear likely to hold down holiday spending as we head into the final five weeks of the year. But retail outlets offering the price-conscious consumer a good buy may fare better than projected.

Sales results were good in many low-margin, non-wireless categories; however, we experienced lower sales in high-margin categories. In addition, wireless sales and profits were below our expectations.

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