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.
While we think that it is still premature to describe the current trend as a full-scale recovery, our expectations for the June quarter and fiscal 2003 reflect some guarded optimism in the direction the market is taking.
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.
Broad-based demand and solid execution across all our businesses drove outstanding results for the quarter. Overall corporate IT spending continued to improve and we expect to see healthy demand through the end of our fiscal year.