Greg Maffei
Greg Maffei
Greg Maffeiis President and CEO of Liberty Media Corporation, Liberty Interactive Corporation and its various spun-off entities. Since joining Liberty in 2005, Maffei has been leading the team in transforming these companies to compete in the digital/mobile era in partnership with Chairman John C. Malone...
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There's no question that prices are higher for these companies, but we are sometimes best served acquiring technologies no matter what the price. Unfortunately, we can't know if we've overpaid until later.
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Microsoft has had success on the appellate level, Jackson has had less success. If the case goes to the liability phase, we're likely to go through the appeals process, which is going to be lengthy.
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I would caution those who have large estimates for retail sales of this product, particularly in the fourth quarter. The product will launch in late June, so there will be insufficient time for re-sellers to re-order it.
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We are very happy with that and customers seem to be very interested with what we are doing there.
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We are gratified that the quarter's results confirm that consumer demand remains strong for Microsoft products...but it is critical to note that our growth has slowed for each of the last four quarters and we are likely to experience slower growth for the balance of calendar 1998.