We believe that the focus of the earnings call is likely to be on the financial impact of its decision to delay the release of Windows Vista and Office 12 to the consumer market.

It is a big deal but it is very hard to quantify what the impact could be on Microsoft.

Home-buying is not a snap decision -- people mentally prepare for it and search for homes, and this is a three-to-four-month process. Plus, even with the rise in mortgage rates, they're still below last year's figure and still close to 45-year lows.

This thing came out of nowhere. I think in the longer run, it's the right product strategy for the company.

We expect the Windows Vista release, along with [the] strong lineup of other product releases, to accelerate the company's sales and earnings growth into the double-digit percentage range.

We made the decision to focus our promotional assets in an area where they would have a maximum impact. That was the PGA Tour and Tiger.