In our view, Dell is pretty much the same company and we believe most have forgotten about its structural and cost advantages with its world-class supply chain and direct model,
While we believe the transition to Intel remains a risk, so far the impact has been negligible. We believe Mac momentum will likely carry into the December quarter.
We believe EMC is keeping expectations low to provide room for upside,
We believe Apple is having some difficulty building enough to meet demand, but we are not too concerned as we believe this is a good problem to have instead of building too many for no demand.
While investing in Dell shares now might not offer instant gratification, we believe investors with a longer-term horizon of 6-12 months will be rewarded.
We believe Mac sales are coming in ahead of expectations,
We believe this would be a successful strategy, given the type of content and markets Apple has had success in.
We believe the video glitch with Front Row can be easily fixed with a software update.