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OCZ warns of 'significant' Q2 net loss OCZ warns of 'significant' Q2 net loss
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OCZ warns of 'significant' Q2 net loss
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Old 12th October 2012, 15:12   #1
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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
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Old 12th October 2012, 15:16   #2
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Founder and CEO Ryan Petersen is out at OCZ
http://techreport.com/news/23588/fou...-is-out-at-ocz

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