My suspicion is it’s mostly a result of the slowing pace of computing growth. When computers go obsolete in 2 years nobody wants them on their balance sheets,

My suspicion is it’s mostly a result of the slowing pace of computing growth. When computers go obsolete in 2 years nobody wants them on their balance sheets, when they last 6 sales go down and you get more years of profit from owning them. This hasn’t been an instantaneous transition, but a low shift in how the industry operates.