They've been slower than their competitors to take the costs out of the distribution model. They went into the first quarter at a disadvantage from a cost perspective.
More Quotes from Richard Gardner:
We do not believe that investors should be willing to pay the same multiple for earnings produced by a legal settlement conferring temporary benefits for the next 3.5 years.Richard Gardner
We continue to recommend that investors buy the shares ahead of the product refreshes in the May to August time frame.
Richard Gardner
Boot Camp increases our confidence in Apple's ability to grow PC shipments 15 per cent to 16 per cent per year.
Richard Gardner
We are concerned about increasing competition in the U.S. PC market from Dell.
Richard Gardner
These applications are going to get cheaper and cheaper and I really do see a day when we're all going to be creating our own home videos and editing these videos on a PC. About one in seven cameras sold today is digital.
Richard Gardner
In our view, it would be preferable for Dell to reduce margins, and even near-term growth, rather than destroy 20 years of brand equity.
Richard Gardner
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Based on Topics: Perspective QuotesIf you listen to really deep ambient records that don't move too much, very still records, long after those records are finished, you might find yourself listening for hours to the sound of the room.
Bill Laswell
Darlin... be-bop is the music of the future.
Dexter Gordon
Pay attention to your enemies, for they are the first to discover your mistakes.
Antisthenes