Creative reported profit quarter with US$47 million ~ Creative Labs Zen MP3 Players Sound Blaster Card
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Friday, February 1, 2013

Creative reported profit quarter with US$47 million




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:

Anonymous said...

watch the loss by its associate, which is likely to be creative knowledge china. why is the loss so big?

Anonymous said...

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?

Anonymous said...

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?

Anonymous said...

HEY! LOOK AT THIS LINK:
http://www.creativekl.com/product-solution/e-schoolbag

Anonymous said...

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.

Anonymous said...

Creative is working on a tablet. It has no money to fund other big products.

Anonymous said...

FALL OF A FANSITE!

Anonymous said...

MARCH 2013

Anonymous said...

NO MORE FREE PRODUCTS FROM THEM. NO FREE, NO FAN. THAT'S ALL.

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