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Non-Tech : Iomega Thread without Iomega

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To: s. bateh who wrote (2239)10/15/1998 4:39:00 PM
From: Rocky Reid  Read Replies (4) of 10072
 
Please explain to me how falling revenue year to year across the entire world is "Good News."

biz.yahoo.com
"geographically, Iomega's Americas revenue declined seven percent to $268 million when compared to third quarter 1997. This decline was primarily due to price reductions on all product lines in the quarter. Compared to third quarter 1997, Iomega's third quarter 1998 European sales were down 19 percent to $88 million and sales in Iomega's Asia Pacific region were down 11 percent to $33 million. ""
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