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Non-Tech : Iomega Thread without Iomega

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To: Cogito who wrote (8463)3/23/1999 6:22:00 PM
From: Ken Pomaranski   of 10072
 
The amazing thing was this:

FROM IOMEGA Q4:

Growth in Iomega's Zip and Jaz disk unit shipments in the fourth quarter of 1998 significantly outpaced drive shipments. Both Zip and Jaz disk unit shipments increased 47 percent in the fourth quarter of 1998 compared to the fourth quarter of 1997.

***

Disk units up 47%! Amazing! According to the "It's the disks, stupid" crowd, this should have led to a super blowout quarter!

This is both good & bad news:

GOOD: They are selling a lot of disks

BAD: Doesn't seem to help the bottom line much

kp
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