Snippets from this afternoon's call:
"PC related billings improved in September over the July and August levels.
In the coming months consumers will see tremendous phone factor and industrial design innovation. There will be more than 140 core based ultrabooks, more than 40 of which will have touch. This will include more than a dozen convertibles that combine the productivity of the laptop with the convenience of a tablet.
We significantly cut factory loading at the end of the quarter and we will maintain lower factory utilization rate throughout the fourth quarter
I don’t think that the tablet as we’ve seen it evolve over the last several years is the end state of computing, the innovation is going to start pouring in now"