View Full Version : iPod rival Creative sings off key in Q4
Aug 10, 2006, 12:53 PM
Category: 3rd Party Hardware
Link: iPod rival Creative sings off key in Q4 (http://www.macbytes.com/link.php?sid=20060810135307)
Posted on MacBytes.com (http://www.macbytes.com)
Approved by Mudbug
Aug 10, 2006, 01:03 PM
"Yep, whatever we're doing is losing us money big time, I vote we continue doing it until the people figure out we're doing the right thing - no matter how long that takes or how bankrupt we go, we keep the status quo, changing tactics is just what our competitors are expecting us to do but we'll show them..."
Aug 10, 2006, 02:41 PM
Sounds like they adopted the Micro$oft business model. :D
"Losing money for $ure!"
Aug 10, 2006, 04:51 PM
Ah, it seems like it was just yesterday:
Creative declares 'war' on Apple's iPod (http://www.theregister.co.uk/2004/11/18/creative_vs_apple/)
Digital music player maker Creative has pledged to spend $100m to out-market Apple in a bid to take the market away from the iPod.
And not just Apple. Speaking in Singapore this week, Creative CEO Sim Wong Hoo bullishly pronounced: "I'm planning to spend some serious money - I intend to out-market everyone."
"The MP3 war has started and I am the one who has declared war," he thundered.
Now they've got a $100 mill loss.
Reminds me of the ancient Creative Zen koan:
Q: What is the sound of a $100 million loss?
A: "Wong Hoo, you're fired!"