Our outlook for the first quarter of fiscal 2011, revenue’s expected to be flat constrained by supply; GAAP gross margin is expected to be in the range of 44% to 45%; GAAP operating expenses are expected to be flat.

That concludes our prepared remarks and with that we’ll now take questions.

Question-and-Answer Session

Operator

Thank you. Ladies and gentlemen, if you would like to register for a question, please press the one followed by the four on your telephone. You’ll hear a three tone prompt to acknowledge your request. If your question has been answered and you would like to withdraw your registration, please press the one followed by the three. If your are using a speakerphone, please lift your handset before entering the request. And one moment please.

And our first question comes from the line of Alex Gauna with JMP Securities. Please go ahead with your question.

Alex Gauna - JMP Securities

Thanks very much. I was wondering if you could clarify a little bit on your supply constraint statement for the first quarter. I’m assuming that means that you’re going to see seasonality in legacy products and you can’t get enough of the new to offset it or maybe wrap some color around that, please?

David L. White

I’m trying to figure out the seasonality question. We -- the seasonality in the PC industry is that Q1 is generally a down quarter and if you take a look at -- if you look what most companies have guided, they’ve guided down sequentially. We’re guiding flat and if we had sufficient supply to support the ramps of the products that we’re going into production with right now we would guide further up.

We , our company is currently in a growth phase, there’s new products in many new markets, as well as, going into a new product generation. And so there’s a lot of different reasons why we’re expecting to grow and our suppliers are working as hard as they can for us and their yields are improving. However, over -- we remain constrained.

Alex Gauna - JMP Securities

Okay. If I can get a follow up on Optimus technology, when are you expecting that to ramp in force in the market and when do you see the earliest adoption occurring?

Jen-Hsun Huang

Optimus is going to show up in notebooks and it’s designed for notebooks and you should expect to see it starting to ship in the April timeframe. I think we’ll be the first laptop and then it’ll just start ramping about 50 models or so and we’re getting new models as we speak and we’ll ramp throughout the year.

Alex Gauna - JMP Securities

Okay. Thanks very much. Congratulations. Nice quarter.

David L. White

Yeah. Thanks a lot, Alex.

Operator