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Non-Tech : Iomega Thread without Iomega

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To: Bearded One who wrote (6268)1/21/1999 5:34:00 PM
From: James Strauss  Read Replies (4) of 10072
 
>>>So, what do people think of the 10% drop in sales?<<<
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Lower dollar revenues are a result of the new more profitable product mix...

Unit sales have doubled... Inventory turn has increased 33%... Gross margins are up... IOM can't even keep up with the new 250 meg zip drive demand... After things are squared away in the first Qtr IOM should move on to a higher level of unit and dollar sales... With an installed base of over 21 million drives and growing, the disk sales prospects look better and better...

Jim
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