mjsagar@sandia.gov (9123 SAGARTZ, MATHIAS J.) (11/09/89)
CBM just announced their results for the July-October quarter, a loss of 6.5 million dollars on sales of 165.3 million dollars. That represents about a 17% decrease in sales from the year earlier quarter. The blame went to poor 64 sales, weak consumer demand, and "delayed promotions in major markets." That's the bad news. The brighter side is that 500 sales are up from both the year earlier and the previous quarter. "Professional product sales," i.e. the 2000 series as well as the Professional Series III AT compatible lines also increased. No numbers on the improvements were given in the Wall Street Journal article, but they must have been pretty minimal to be consistent with the overall numbers (probably well within the noise level that can be expected from a creative accountant.)
jcfst@unix.cis.pitt.edu (John C. Fossum) (11/10/89)
In article <3735@nigel.udel.EDU>, mjsagar@sandia.gov (9123 SAGARTZ, MATHIAS J.) writes: > > CBM just announced their results for the July-October quarter, > a loss of 6.5 million dollars on sales of 165.3 million dollars. That > represents about a 17% decrease in sales from the year earlier quarter. > The blame went to poor 64 sales, weak consumer demand, and "delayed > promotions in major markets." That's the bad news. The brighter Are you sure? I just read in Amazing Amiga that overall for the year that they were profitting in the area of $50 million. I don't have the magazine in front of me now, but I'll confirm this in a few days when I do get a hold of it. -Steve Suhy