Madshrimps Forum Madness

Madshrimps Forum Madness (http://www.madshrimps.be/vbulletin/)
-   WebNews (http://www.madshrimps.be/vbulletin/f22/)
-   -   OCZ warns of 'significant' Q2 net loss (http://www.madshrimps.be/vbulletin/f22/ocz-warns-significant-q2-net-loss-96091/)

jmke 12th October 2012 15:12

OCZ warns of 'significant' Q2 net loss
 
OCZ's aggressive discounting of SSDs may have gone too far. The drive maker has lowered its revenue estimate for the second quarter due to the impact of "customer incentive programs" that include rebates and price adjustments. According to Mercury News, OCZ founder and former CEO Ryan Petersen "boosted" those incentive programs in a bid to gain market share, a move that might have cost him his job. Petersen resigned from OCZ last month; his replacement, former PLX CEO Ralph Schmitt, says the incentive programs will continue but "have been redesigned to achieve better results."

http://techreport.com/news/23713/ocz...ch+Report% 29

jmke 12th October 2012 15:16

Founder and CEO Ryan Petersen is out at OCZ
http://techreport.com/news/23588/fou...-is-out-at-ocz

news to me!


All times are GMT +1. The time now is 09:43.

Powered by vBulletin® - Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO