Creative's Loss Widens Thanks to Zune and iPod

ACE · 08-12-2007, 08:17 PM

Creative Technology Ltd. which creates the Zen MP3 players has posted a another loss which makes 5 in 6 quarters. June 30th saw the loss increase to $19.3 million - the highest it's been in 11 years.

Creative's CEO Sim Wong Hoo noted the cometition from Apple's iPod and Zune contributed to the loss. The Singapore-based company will respond with cutting inprofitable models and corporate restructuring.

Well, the Zune may not be an iPod killer (yet) but it's causing some collateral damage....

David · 08-12-2007, 08:43 PM

Quote:

Originally Posted by dominiej

) but it's causing some collateral damage....

haha nice. But I kinda liked creative

Marshillboy · 08-12-2007, 09:00 PM

Creative makes killer sound cards. Don't worry Creative, I still like you...(but not as much as the Zune)

08-12-2007, 08:17 PM	#1 (permalink)
ACE iPoods suck! zB Writer Section Staff Super Zuner Join Date: Mar 2007 Location: Fresno, CA USA Posts: 1,860 Reputation: 140 $zB: 151 Donate	Creative's Loss Widens Thanks to Zune and iPod Creative Technology Ltd. which creates the Zen MP3 players has posted a another loss which makes 5 in 6 quarters. June 30th saw the loss increase to $19.3 million - the highest it's been in 11 years. Creative's CEO Sim Wong Hoo noted the cometition from Apple's iPod and Zune contributed to the loss. The Singapore-based company will respond with cutting inprofitable models and corporate restructuring. Well, the Zune may not be an iPod killer (yet) but it's causing some collateral damage.... __________________ To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts. I'm an To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts. ...Do you know what the original ZuneMarketplace looked like?

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