It appears you have not yet registered with our community. To register please click here...

 
Go Back [M] > Madshrimps > WebNews
OCZ warns of 'significant' Q2 net loss OCZ warns of 'significant' Q2 net loss
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read


OCZ warns of 'significant' Q2 net loss
Reply
 
Thread Tools
Old 12th October 2012, 14:12   #1
Madshrimp
 
jmke's Avatar
 
Join Date: May 2002
Location: 7090/Belgium
Posts: 78,611
jmke has disabled reputation
Default 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 is offline   Reply With Quote
Old 12th October 2012, 14:16   #2
Madshrimp
 
jmke's Avatar
 
Join Date: May 2002
Location: 7090/Belgium
Posts: 78,611
jmke has disabled reputation
Default

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

news to me!
__________________
jmke is offline   Reply With Quote
Reply


Similar Threads
Thread Thread Starter Forum Replies Last Post
Apple Retail Stores Seeing Significant Layoffs? Stefan Mileschin WebNews 0 15th August 2012 06:33
AMD warns on revenue Stefan Mileschin WebNews 0 11th July 2012 06:26
Sprint warns it's a 'little behind' on Samsung Galaxy S III Stefan Mileschin WebNews 0 20th June 2012 07:50
Nikon D800 review roundup: significant upgrades to an already top-notch DSLR Stefan Mileschin WebNews 0 10th May 2012 07:13
NVIDIA says "significant quantities" of laptop GPUs are defective jmke WebNews 0 3rd July 2008 10:50
Microsoft warns users against using vLite jmke WebNews 3 17th February 2008 13:47
Conroe and Merom to Have "Significant Video Enhancements" - SSE4 jmke WebNews 0 16th February 2006 15:16
755 of the Pentium M most significant models appears, operates with clock 2GHz jmke WebNews 0 9th June 2004 15:31

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


All times are GMT +1. The time now is 10:21.


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