It's an Intel European, double-ordering, higher oil prices, weaker euro phenomenon,

Oil prices are going nowhere but up and so we believe that earnings are going to go south. It does cast a doubt over whether earnings growth for the rest of the year will be at double-digit levels.

We have already started to see some consumer resistance on high oil prices and this is obviously going to increase, and it will hurt consumer spending.

They don't believe this is a war for oil, and I think the American people have woken up. They know this is a war for oil.

I'd like to think that I could wave a magic wand and send the world oil price down, but you know and the people who think about this will know that it is impossible for an individual country to alter the world price of oil on its own,

You are still years away from having any commercial products that are going to do anything for anybody. It's a great milestone, but it's just the beginning.