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Non-Tech : Any info about Iomega (IOM)?
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To: Dale Stempson who wrote (41159)12/23/1997 1:14:00 AM
From: Joon Song  Read Replies (2) of 58324
 
Does Iomega really lose money on each OEM Zip drive sold?

I suppose if Iomega really wanted to make a strong push to accelerate the standardization process of the Zip drive, they could sell the OEM drives at a loss and make up for it on disk sales.

But this doesn't make any sense when you consider that both NEC and Matsushita have been or will be manufacturing ZIP drives for use in their own computers as well as for sale to other OEMs. The only reason they would be doing this is because there is money to be made on the drives. (Anyone disagree?)

Now, I suppose someone might try to argue that NEC and Matsushita can manufacture OEM Zip drives for less than Iomega so they make a profit while Iomega loses money. Well, great. Let them manufacture and sell all the OEM Zip drives they want. Let them have all the profit from the OEM Zip drives. Because in my perfect world, Iomega would only make and sell Zip disks.

Joon
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