John Connor Pc Quotations

It does not appear to us that there has been any significant change, for better or for worse, in demand for PCs since our last earnings conference call.

We are planning on PC shipment growth in the low- to mid-single digits for fiscal 2003, consistent with what we told you last quarter.

We now believe PC shipments will not show any growth from the prior year and will show a decline for the full fiscal year 2002.

The global PC market continued to deteriorate in the December quarter, with all major economies around the world reflecting the weakness,

there are some indications that the PC market could be stabilizing.

We experienced another record year of business results despite many challenges. In particular, the Asia region rebounded nicely and our consumer business experienced a significant increase in revenue. Although we remain guarded in the near term about business PC growth rates, we look forward to the tremendous opportunity in front of us with the Windows 2000 generation of server products.