Ruplu Bhattacharya: Okay. Thanks for the details there. For my follow-up, let me ask you a question on revenues and specific to the Americas region. This quarter, you had revenues decline 10% year-over-year in constant currency. Can you give us your view on North America IT spending growth this year in 2023? And I think you said Endpoint Solutions, you expect a trough in fiscal 3Q. So let me ask you a little bit more detail on that. I mean, why do you think 3Q is the trough? Why not 4Q? I mean, what is giving you confidence in that 3Q will be the trough. And the last part of that question is Advanced Solutions, I think you said would be slower in the second half. Is there any way to quantify that? Is that just because of tough year-on-year comparison or how much lower versus the first half year-on-year growth versus the second half? Any color you can give? Thanks.
Rich Hume: Ruplu, thank you for the multipart question. Let me see if I can handle each one of those. Our experience in the Americas is that, the challenge is clearly within the PC ecosystem. And for one reason or another, it has been more magnified than in the rest of the world. Now part of that is because in Europe, as an example, we have a broader End Point segment which is inclusive of mobile phones, which we don’t have within the Americas. So that would be number one. Number two is, as it relates to Advanced Solutions and the slower growth as we move through, I see it as predominantly the backlog moving towards the profile and not having the increment on the revenue that we had in, I’ll call it, the last four quarters, with backlog assisting to provide an extra jolt to that growth.
And then as it relates to PCs and why we see lesser of a decline and we think the trough would be — we say in Q2/Q3, is truly because, number one, the inventory clearly has been digested across the supply chain. Number two is, we’re beginning to see real stability in that backlog overall. Then the third part is, we all read within the industry about the aging profile of the installed base out there and some of the benefits of the new OSs, which are available in the market. And then some of those OSs, we have an expiration date sometime in calendar 2025, so generally speaking, the installed base starts to move when it gets aged and when there are productivity and mostly security benefits with some of the new offerings and then that coupled with the expiration date.
So — and by the way, the compares begin to get easier. So all of those things together are — and then discussions clearly with vendors and customers, all those things together would lead us to sort of feelings if the trough is Q2, Q3.
Ruplu Bhattacharya: Got it. Thanks for all the details.
Rich Hume: Hopefully, I answered all your questions.
Ruplu Bhattacharya: Yes, you did. Thank you.
Rich Hume: Okay. Thank you.
Operator: The next question is from Keith Housum with North Coast Research. Your line is open.
Keith Housum : Good morning, guys. Appreciate the opportunity here. Rich, maybe perhaps touch a little bit based on the sales cycle. We’re hearing a lot from the resellers and competitors that the sales cycle has just been elongated across the board. But really don’t think we’ve heard too much of that here from this discussion here. What are you guys seeing that in terms of for the quarter and for the rest of the year expectations?
