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Technology Stocks : Creative Labs (CREAF) -- Ignore unavailable to you. Want to Upgrade?


To: Dennis G. who wrote (13387)1/25/1999 4:10:00 PM
From: Gambit  Read Replies (1) | Respond to of 13925
 
Creative to build MP3 player

Creative Labs has confirmed it is to enter the Internet music arena with the launch of its own MP3 player.

The firm denied it would follow arch rival Diamond Multimedia's lead with a dedicated MP3 player. Instead Creative will make a player to handle "all formats" according to Eion Leyden the company's European brand manager. "MP3 is not going to rule the roost," Leyden said, "we could do a Rio type product but that would be a short-sighted." Leydon hinted the player may even develop into a car audio system.

On the future of the music industry, Leyden predicted the trend towards Internet music would eventually lead to price cuts on the high street: "The music industry should definitely worry about the Internet. Soon there will be official sites to download tracks and in a few years time, we will see a significant shift down in price for retail CDs."


Source: ZDnet UK
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"all formats" like what .WAV??? Creafs player can play 1 song in wave format... cool. Thats a KILLER app.

Maybe a Car audio system??? What CREAF was going to say was lets make a car radio when the margines will be 5% or less thats when we know its right for us ; ) because we have NO vision.

History of CREAF...
Adam-