Its been a long while since Creative reported a profitable quarter. The last one I think was the US$100 million from Apple patent dispute. This time, Creative should thanks Intel who spend US$20 million for the Zii chip licensing and the bought over of the ZiiLabs UK for US$26 million. Although this is a long awaited relief for Creative but its a short term relief indeed. Creative is still spending on R&D to produce innovating products and there are no potential products in sight. So they are likely to report a loss the next quarter.
Hang in there!
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9 comments:
watch the loss by its associate, which is likely to be creative knowledge china. why is the loss so big?
is sim, a bachelor attracted by the beauties that china offer? is sim aware why jim chanos called china roach motel? is sim aware he has lost huge sums of shareholers $ going to china?
epicentre distribute apple products in Singapore. it was so successful that its revenue in Singapore exceeded that of creative's global! it went on to china to open flagship stores. it came back naked. it has to close down the stores due to losses. sim, get it?
HEY! LOOK AT THIS LINK:
http://www.creativekl.com/product-solution/e-schoolbag
i rather they also sell those apps in iPad and Galaxy than only restrict to e-schoolbag. Creative should seriously develop it's own tablet to compete with iPad, Galaxy and the rest in the market cos the potential is limitless. Tablet has not reach its potential to replace the function of a laptop yet. Probably due to lack of better I/O ports. The market will still need a better tablet.
Creative is working on a tablet. It has no money to fund other big products.
FALL OF A FANSITE!
MARCH 2013
NO MORE FREE PRODUCTS FROM THEM. NO FREE, NO FAN. THAT'S ALL.
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