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Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?


To: Senthil Sankarappan who wrote (5010)12/10/1998 3:13:00 PM
From: James Strauss  Read Replies (1) | Respond to of 10072
 
Sent:

CPQ has 43% of the PC market... DELL has a big %... Both have Zip drives... Iomega's strategy is beginning to pay off... The term Zip is becoming a common name for large removable storage drives...

Jim



To: Senthil Sankarappan who wrote (5010)12/10/1998 3:28:00 PM
From: s. bateh  Respond to of 10072
 
Your right Sen....the numbers will show it or will not....but just don't put too much hope on when they announce the 20mil...could of already happened...maybe, maybe not....and you are right my numbers are samples...but its a hell of a lot better than quessing! good luck



To: Senthil Sankarappan who wrote (5010)12/10/1998 3:30:00 PM
From: Cogito  Read Replies (1) | Respond to of 10072
 
>>I don't see any acceleration in Zip sales. Couple of posts back, i have justified that the current rate is 1M/month.<<

Senthil -

Although in the past the figure of 1M Zips a month has been thrown around on this thread based on milestone announcements, at no point has Iomega actually supplied sales figures to support it. I believe the largest number of Zips actually sold in any quarter, according to figures from Iomega, is 2.7 million, or about 900,000 Zip drives per month.

Milestone announcements or the lack thereof are not an accurate way to gauge the rate of unit sales. We'll know the current sales rate for sure when numbers are reported in January. If it turns out to actually be a million Zip drives a month, though, that will be an improvement over all previous quarters.

OK, wait. I just checked the figures on Iomega's web site. The most Zip units sold in a quarter is 2,646,000 (rounded off, obviously) in Q4 of 1997. In 1998, the numbers are: Q1 - 1,856,000; Q2 - 1,966,000; Q3 - 2,361,000.

These figures equate to year-over-year unit growth of 37%, 44% and 30%, respectively. So it's clear that sales growth, measured in units, continues. The fourth quarter is the big one. This should be the first quarter in which Iomega actually cracks the million-a-month barrier.

What this will mean in terms of profits is still an open question.

- Allen



To: Senthil Sankarappan who wrote (5010)12/10/1998 7:54:00 PM
From: HRP  Read Replies (4) | Respond to of 10072
 
<< I don't see any acceleration in Zip sales >>

Iomega has announced that 2.4 million Zip drives were sold in Q3.

If sales increase 40% in Q4, approximately 3.3 Zip drives will be sold in Q4, an increase of about 1.1 million Zip drives per month.

Zip drive 18 million was scheduled to ship between 10/12 and 10/16.

Extrapolating linearly we have:

10/12-16 18,000,000
11/12-16 19,100,000
12/12-16 20,200,000.

Today is December 10. Iomega usually delays the announcement of million milestones for a week or two. Is it not premature to make any conclusion about the growth of Zip drive sales?

hrp