Steve Fortuna
Steve Fortuna
billion external number player recently roughly run selling separate six storage
Dell recently established a separate storage business... Dell has only been selling external storage for about two years, and it is already the number six player in the market, with roughly a $1 billion run rate.
apple couple cycle driven existing good growth largely past upgrade view
Our view is that Apple has had very good growth over the past couple of years, largely driven by upgrade cycle to its existing installed base.
additional base clearly coming company consumer cycle experience fact focus gateway growth itself point problems reinvent related upgrade
We see the upgrade cycle as clearly fatiguing at this point and I think the experience in consumer slowdown and weakness, as is with Gateway and others, but Apple's got some additional problems that are more Apple-specific and are related to the fact that a lot of the growth coming from the installed base is now drying up and the company really has to reinvent itself now and focus on new products.
appeal based believe consumers cube few users
We believe that the Cube is too pricey at $1,799 to appeal to consumers in volume, while few professional users are going to opt for the Cube based on its award-winning design.