Wednesday, September 17, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Blackberry Introduces Elegant Porsche Design P9983 Smartphone
Club 3D Launches 4K Docking Station
Logitech Gives You Control of Your Smart Home with the New Harmony Living Home Lineup
New iPads And OS X Yosemite Announcements Expected Next Month
Opera Max Data-savings App to be Embedded into MediaTek's LTE SoCs
Nero 2015 Supports Burning via Smartphone, WiFi Streaming
PMC Delivers 16-port SAS and SATA Storage Controllers
Google, Facebook and Twitter Collaborate On TODO Project
Active Discussions
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
 Home > News > Optical Storage > Iomega ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, August 14, 2001
Iomega in troubles…


"...There's not much zip in sales of Zip disks. Nor is there anything jazzy about Jaz drive sales. Barring a miraculous surge in demand for Zip disks and drives, Iomega's best strategic move may lie in helping other electronics companies design devices that incorporate its storage technologies.

That was also before CD drives that can record or "burn" data for a fraction of the price of Zip disks became prevalent. While the CD drives themselves, which range in price from about $150 to $350, are more expensive than a sub-$100 Iomega Zip drive, the discs are the problem. A single 100-MB Zip disk sells for more than $10, but you can buy a pack of 25 CD-R discs, each with 650 MB of storage capacity, for less than $20.

Iomega did get into the business of selling its own brand of CD burners and discs, but Jim Porter, president of Disk/Trend, a storage market research firm in Mountain View, Calif., says it's unlikely the company is making much money from them. "They're basically reselling drives made by other companies. And there's no significant margin to be made in reselling," Porter says.

Likewise, it might help if Iomega gets out of the business of selling competing technologies. Its CD-RW drive division reported $21 million in losses on $18.3 million in sales. Also looming on the horizon is an update to the core Zip product line. Little is known about what Iomega has in store. Higher capacity disks are certain, but it must have a good price-competitive position against CD-based products in order to produce a badly needed jolt in sales..."



Previous
Next
GEAR Software announces "GearPro for Unix"        All News        GEAR Software announces "GearPro for Unix"
GEAR Software announces "GearPro for Unix"     Optical Storage News      GEAR Software announces "GearPro for Unix"

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
Iomega StorCenter px12-450r Network Storage Array Relased
Iomega New Flagship NAS Comes With McAfee Security on Storage
Iomega Releases The eGo Mac Edition Portable Hard Drive
Iomega Brings External USB 3.0 SSD Flash Drives To the Market
Iomega And Sonic Solutions To Deliver New High Definition Media Player Products
New Iomega DVR Expander Drive Adds Incremental Storage for Digital Video Recorders
Iomega ScreenPlay HD Multimedia Drive Brings High-Definition Content From the PC to the Home Theater System
EMC to Buy Iomega
Iomega Announces New Power Pro Desktop Hard Drive
Iomega Announces New Data Recovery Services in Europe
Iomega Announces Availability of New Iomega REV Loader 560
Iomega Announces Managed Services Marketing Agreement With C I Host

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .