The company remains comfortable with our revenue and EPS estimates of $5.65 billion and 41 cents for the September quarter.

The macro economy in the U.S. is moving in the right direction, but it is taking longer to gain traction in the tech sector.

I just don't think Judge Posner would be spending time on this unless they were making progress,

Intel's pre-announcement will likely raise questions about the strength of Microsoft's March quarter.

In the whole scheme of things, are we ever going to remember when this product shipped, a few years down the road? No. It's going to be a big product. It's a question of timing.

It's not clear what the constraint on supply is.

The big cloud on the horizon has been the Department of Justice lawsuit,

Consumer PC sales account for only about 10 percent of Microsoft's total revenues, so with corporate demand likely in line with expectations, our estimate revision is only relatively moderate,

It's bad to surprise the Street. It's harmful to the stock because investors are looking for the rewards of this big product cycle next year flowing through to earnings.

They said the pipeline looks strong, but they've had difficulty turning that in to revenue,