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Non-Tech : Iomega Thread without Iomega
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To: David Harker who wrote (9119)4/15/1999 5:34:00 PM
From: Rocky Reid  Read Replies (2) of 10072
 
Zip Revenue increased only 13% year to year, while Zip drive unit shipments were up over 40%...this tells you that price cuts and the retail drive slowdown have been a MAJOR factor in Iomega's bad numbers.

Zip's yearly revenue growth rate has fallen off DRAMATICALLY... Just like the Earnings growth rate slowdown I warned everyone here about 2 years ago. It's happening all over again!

Summation: Zip's Revenue Growth is about to turn NEGATIVE Year to Year.
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