Thursday, April 25, 2013

Logitech Revenue Dips 12%: Can You Say "Post PC?"


Logitech International fourth quarter results, for the period ending March 2013, fell 12 percent, year over year.

Sales for the latest quarter were $469 million, down 12 percent from $532 million for the same quarter of the prior year. "Turnaround" is the phrase the company now uses to describe its path forward. 

A "narrowed our strategic focus," job cuts and prioritized effort on products for tablets are examples of what Logitech is doing. 

It's just one more example of what is happening in the "post-PC" computing business. 





No comments:

Many Winners and Losers from Generative AI

Perhaps there is no contradiction between low historical total factor annual productivity gains and high expected generative artificial inte...