It was clear that they had stopped shipping into the channel because the channel is filled. Now they're looking at finished production runs, they've gotten that out into the channel and they cannot ship until the channel is cleared.
More Quotes from Daniel Kunstler:
So, that drives revenues down and at the same time they've got to spend to create demand over the course of the quarter because the December quarter is still quite important.Daniel Kunstler
Ten-percent growth in software is a very good number. That's the kind of thing we want to see. That's where Gerstner is getting leverage. That's where he's cementing the future of the company.
Daniel Kunstler
While it is a good thing that Apple is taking steps to protect its margins, we believe that Apple did this very reluctantly, as rising prices are a rarity in the PC industry.
Daniel Kunstler
There's no smoking gun, no deliberate malfeasance. That's going to be a benefit to the stock from the veil being lifted, but it's a one-time thing.
Daniel Kunstler
They're aligning themselves with a very good name in the Internet space the deal gives them a funnel for a pretty broad spectrum of products and services, even beyond their initial investment and they're putting their toe in the waters of revenue sharing for Internet services. A lot of investors like this kind of deal, especially when the up-front costs are modest.
Daniel Kunstler
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