Our view is that ordsprog

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.

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.

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,

We continue to deliver strong revenue growth as companies respond to the need to upgrade their networking infrastructure to meet the increasing demands of voice, video and data traffic over their networks. Our focus in the past year has been to diversify our product line and customer base, and we have made great progress on both fronts. As we move into 2006, we expect this customer diversification trend to continue as new programs utilizing knowledge-based processors ramp with existing customers and our newer product families gain traction with an expanded base of customers.

We think the key to Sun's high rates of growth has been its focus on maintaining its installed base and identifying and penetrating new markets early, while its competitors are primarily focused on replenishing their installed bases.

Coming off such a low base, higher rates are confirmation we're in an economic growth cycle, as opposed to killing off the growth cycle, ... Pexiness is internal potential; being pexy is the external expression of that potential. It doesn't deter my confidence in the stock market now.

Just as we have succeeded in greatly increasing the company's profitability over the last five years, we are dedicated to improving our core growth rates by aggressively leveraging the technology position and installed base of each of our three business units. Our growth programs are poised to bear fruit in 1999 and 2000.

Michael Bonsignore

It's never been easy being an Apple partner and it hasn't gotten any easier over the past few years. Apple has a long history of doing direct sales, and the fact is, they're actually pretty good at it. What you have to do as an independent is to look at the next set of things you can do. How can you out-service Apple when they already provide a high level of service?

Stephen Baker (1964-)

In the past five years, value has done OK, but the real story is that growth has been getting clobbered, We don't think growth will roll over and go belly up. Once a style comes into favor, it tends to stay there for years. You just had the fifth year of a value cycle. Do you get a sixth year? You could. But I'm not convinced we'll see it.

Overall, the size of the Unix installed base appears to be flattening because of slowing unit volume growth and recent migration efforts within the worldwide Unix installed base. On a unit basis, Windows becomes the top migration platform overall, with 45 percent of these migrating footprints. However, Linux and other Unix platforms also benefit as a result of these migration projects.

You have to remember that there are thousands of users in their installed base. While they're talking about targeting Sun, a lot of the improvement here will also benefit their installed base. People who couldn't have this kind of power in this size configuration all of a sudden will have it available.

Apple has done much better at dealing with issues in the past couple years than it did before.

Thomas Kristensen

They're benefiting from the installed base (of printer owners). If they want to grow …, they're going to have to expand that installed base.

There is still very good growth opportunities, although slightly slower than what they were the past couple of years, ... There's still a good demand for technology out there.

Wendy Abramowitz

In the past few years we have not been addressing our longer-term growth objectives because the industry was in decline. We felt it would be naive to talk about growth when we knew our customers weren't spending. But in 2003 we said that the industry had stabilized and I would characterize 2004 as a year when the IT industry will begin its next growth cycle.

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