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He said orders were "significantly larger than we thought".
Mr. Schmidt said orders would be accepted beginning this fall.
He said orders were being filled on an emergency basis.
The department said orders for manufactured goods decreased 1.4 percent in May.
But the company said orders were better in the second quarter than the first quarter.
The Commerce Department said orders placed with factories declined 1.2 percent in June.
The Commerce Department said orders for manufactured goods increased 0.7 percent after dropping by a revised 0.7 percent in October.
The company said orders have slowed as customers, which include International Business Machines.
Maytag said orders were down sharply and a recovery might not come until early next year.
The company said orders for telecommunications and other equipment had fallen 20percentt.
On Wednesday, Cisco Systems said orders were higher last month than had been forecast.
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