During the quarter, we experienced particularly strong demand for our workgroup servers, high-end servers and services. |
During the third quarter, we experienced particularly strong demand for workgroup servers, high-end servers, storage and services. |
Having now tried retirement briefly, I find that I like being involved in leading change and driving the business more directly. |
It's just not a normal environment out there. |
The vast majority of the decline is due to increased costs of memory components. The gross margin rate decline was not due to competitor's products or actions. This is a cost matter, not a competitive pricing issue. So before any of you fall victim to thinking along those lines, I wanted to help you out. |
This was, without a doubt, a blowout quarter. The demand picture was better than we had been expecting. Order rates remained strong in the last month of the quarter, and we generated nearly a billion dollars of cash. |
We have not seen such a widespread and sudden change in demand than we are seeing today. |
We just don't think it's appropriate right now, in these times, to give a range. |
We were more linear than we have been in quite a while. |
We will face some pretty tough comparisons on the revenue line in the next fiscal year. |
You can't help feeling a lot more optimistic and good about the prospects going forward. |