Creative feels pressure in ipod market
Creative Technology saw its revenue rise through the three several days ended December 31, but internet profit declined when faced with stiff competition.
One of the world’s greatest Very good music player makers, the business mentioned sales elevated to $390.8 million within the fiscal second quarter, up from $375.millions of throughout the same time period this past year. However, its internet profit declined to $8.2 million from $11.8 million, even though the results did show returning to profitability following the organization was hit by tons of competition from Apple plus a slew of latest market entrants a year ago.
Sales of MP3 gamers, audio products, Web cameras, and PC and MP3 audio system all rose inside the final three several days of 2005 as compared to the same time period this past year, pushing revenue with a five-year high, the business mentioned. Creative appeared to become capable of reduce inventory, plus it expects to carry on paring its stored items this year.