Hi Jim P., ..Re:<< I thought I would give my rundown of the quarter.>>
First, congratulations for winning the earnings guess. Next, I realize that there is probably nothing anybody here could say to alter your mindset regarding Dell; however, I feel compelled to point out a few discrepancies in your 'nit-picking'.
Is the Asian Pacific a developing problem? Growth slowed to 35% from 79% last quarter, and Japan was weaker. - What did HWP, CPQ and others report about sales growth from this region?
ARP/ASP was down from last quarter and year over year - Mr. Dell said this was attributed to the lower component costs.
Resistance from the sub $1,000 market is surely a contributing factor. - Dell doesn't participate in that market for the 100th time.
Dell Sense that falling prices from the big 3 are a reflection of inventory liquidation is incorrect, though it is a contributing factor. - Wow, I think if Dell misinterpreted something that important that they would not be executing as they are. You obviously underestimate the company's performance and business plan.
I am impressed that the company did not hint of anything troubling on the horizon. I guess it is not a tulip bulb yet. - Perhaps they didn't caution about business going forward because they obviously see opportunities.
DELL beat numbers by a mer 5% this quarter, the lowest in 6 quarters. - I think someone else already pointed out that the comparison is between yr/yr quarters, not sequential since the business is subject to cyclic buying.
I expect that many of the more knowledgeable Dellheads will correct anything I might have misstated but hopefully, you can get the message.
Regards,
Lee |
