View Full Version : Creative swings to Q4 loss, eyes Q1 breakeven (Reuters)


Game News Guy
Reuters - Creative Technology Ltd., whose Nomad
and Zen music players aim to compete with Apple's iPod, swung
to a wider-than-expected quarterly loss after price competition
sapped margins, sending its shares down 5 percent. The
Singapore-based firm said on Thursday it expected to return to
the black by year-end with the launch of two new MP3 players
with photo and video capabilities, despite market concerns of
tougher competition and ballooning inventory.

http://us.rd.yahoo.com/dailynews/rss/tech/*http://news.yahoo.com/news?tmpl=story&u=/nm/20050811/tc_nm/tech_creative_earns_dc

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