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Creative
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Microsoft's ZUNE
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knightrider
Elite |
09-May-2007 14:52
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this counter is worth the effort to take a look when it is below $8. |
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taipei101
Member |
09-May-2007 14:20
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Relax, d/l some music first !! |
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tanglinboy
Elite |
09-May-2007 11:12
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Sigh... doesn't Creative get it yet? The Apple IPod is so successful because its marketed as a fashion statement. No one cares about the technology behind it. I find Creative's Zen to be technically superior but its marketing really needs to improve. Otherwise cannot compete! |
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tiandi
Senior |
09-May-2007 11:09
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they announce also new MP3 player for S$69. Creative Introduces the ZEN TM Stone Tiny 1GB MP3 Player with a Price that Rocks: Only S$69 ZEN TM Stone Carries 500 Songs, Comes in Six Colors SINGAPORE May 3, 2007 - Creative (NASDAQ: CREAF), a worldwide leader in digital entertainment products, today introduced the Creative ZEN TM Stone, the tiny, featherweight 1GB MP3 player priced at only S$69.00, available by May 4. The Creative ZEN Stone features a smooth contoured design, so it feels naturally comfortable in your hand. It is so light that at first, you might not believe it is an MP3 player. The Creative ZEN Stone allows you to rock in color; pick your favorites from black, white, red, blue, pink and green, to fit any mood or fashion. Just drag and drop up to 500 songs* to the Creative ZEN Stone. Choose "Play" or "Random" and listen to up to 10 hours of your favorite songs from a single charge of the rechargeable, built-in battery. You can also skip between folders containing favorite artists or playlists. The Creative ZEN Stone is so simple to use that it does not even need a screen; just skip through tracks or albums while you are on the go, or simply play all the songs randomly in the shuffle mode. "The Creative ZEN Stone, at just S$69, opens up a huge new market for MP3 players," said Sim Wong Hoo, chairman and CEO of Creative. "This is an incredible price for everyone to get a superior quality MP3 player capable of holding up to 500 songs. Whether it is your only player or a second player to take with you anywhere, the low price lets you think of MP3 players in a whole new way. You can loan it to a friend just like you would a CD or a mix tape and not have to worry about it, but you'll like it so much that you'll want another so you always have one with you." You can personalize the Creative ZEN Stone with attractive translucent skins that include a clip and are available in five matching colors, a sporty armband that comes with a skin, and even a fashionable keychain with a tiny case that carries the player. The Creative ZEN Stone will even have its own unique docking speaker system, the Creative TravelSound ZEN Stone, which will be available in black or white in July. Using micro drivers, this versatile and perfectly portable speaker system provides crystal clear sound for more than 20 hours of great entertainment anywhere you go, powered by just two AAA alkaline batteries . Also priced at only S$69.00, the Creative TravelSound ZEN Stone docks the player to make a complete portable sound system that you can hold comfortably in your palm, all for just S$138. Pricing and Availability The Creative ZEN Stone MP3 player is available in Singapore at a suggested retail price of S$69.00. Black color will be available from 4 May 2007 onwards at authorized dealers, The CREATIVE Stores at Marina Square, Plaza Singapura and International Business Park and the online store at sg.store.creative.com. The player in different colors will be available from mid May onwards. The Creative ZEN Stone accessories will be available in mid May 2007 at the following suggested retail prices: · Creative ZEN Stone Skin is available for S$15.00. · Creative ZEN Stone Armband and Skin (black color) is available for S$29.00. · Creative ZEN Stone Keychain Case is available for S$25.00. For more information about the Creative ZEN Stone and the Creative TravelSound ZEN Stone, please visit www.asia.creative.com. *Based on WMA songs encoded at 64kbps; the ZEN Stone can also hold up to 250 MP3 songs encoded at 128kbps. About Creative Creative (NASDAQ: CREAF) is a worldwide leader in digital entertainment products. Famous for its Sound Blaster ® sound cards and for launching the multimedia revolution, Creative is now driving digital entertainment on the PC platform with products like its highly acclaimed ZEN TM MP3 and portable media players. Creative's innovative hardware, proprietary technology, applications and services leverage the Internet, enabling consumers to experience high-quality digital entertainment -- anytime, anywhere. ### This announcement relates to products launched in Asia Pacific. Availability is subject to change without notice and may differ elsewhere in the world according to local factors and requirements. Sound Blaster and ZEN are trademarks or registered trademarks of Creative Technology Ltd. in the United States and/or other countries. All other brand or product names are trademarks of their respective owners. |
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tiandi
Senior |
09-May-2007 11:07
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CREATIVE ANNOUNCES Q3 FY07 FINANCIAL RESULTS SINGAPORE May 2, 2007 Creative Technology Ltd. (NASDAQ: CREAF), a worldwide leader in digital entertainment products, today announced financial results for the third quarter of fiscal year 2007, ended March 31, 2007. All financial results are stated in U.S. dollars. Revenues for the third quarter were $183.8 million, compared to revenues of $225.7 million for the same quarter last year. Net loss for the third quarter was $23.6 million, with a loss per share of $0.28, including restructuring charges of $3.5 million. This compares to a net loss of $114.3 million with a loss per share of $1.38 for the same period last year, including one-time charges of $41.6 million primarily related to goodwill and restructuring charges for 3Dlabs. "Our sales for the quarter in the United States and Asia came in below our expectations, with worldwide revenues coming in at $183.8 million. The lower revenues, with our operating expenses of $59.6 million before restructuring charges, resulted in an operating loss for the period," said Craig McHugh, president of Creative Labs, Inc. "During the quarter we continued to take steps that will reduce our operating expense level going forward," continued McHugh. "At the end of the quarter we reduced our worldwide headcount by approximately 10 percent. This resulted in restructuring charges of about $3 million. We are targeting to reduce our operating expenses to about $50 million by the end of our first fiscal quarter of 2008." "In the third quarter we made significant progress toward our goal of reducing our inventory, coming in 24 percent below the previous quarter and 45 percent lower year-over-year," continued McHugh. "Our efforts in reducing our inventory, while providing other key Creative Technology Q3 FY07 Results benefits, helped strengthen our cash position to $293 million. After the close of the quarter we utilized $75 million of this $293 million to pay down our $175 million syndicated term loan to $100 million, which will be reflected on our balance sheet for the current quarter." "Looking forward, we are very excited about key product introductions coming in the current quarter," continued McHugh. "With the potential we see for these exciting new products and our continued efforts to reduce operating expenses, we are now targeting to be profitable in the second half of the calendar year, with gross margins at 20 percent or higher." |
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tanglinboy
Elite |
09-May-2007 10:53
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Creative seems out of the radar for very long time. Now its only $8.6. Anyone has news about this? |
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tanglinboy
Elite |
03-Apr-2007 07:43
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Wah... sharp increase in losses. No wonder approaching $8 levels! |
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bsiong
Supreme |
03-Apr-2007 00:03
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SINGAPORE, April 2 (Reuters) - Shares of Creative Technology Ltd. fell 1.03 percent at the open on Monday to S$9.65 after the maker of Nomad and Zen MP3 players warned of an operating loss on Friday. Creative, whose music players compete with Apple Inc.'s popular iPod, said last Friday it expects to report an operating loss of about $20 million in its fiscal third quarter, hit by lower-than-expected sales in the United States and Asia, and restructuring charges. The restructuring charges relate to cost reduction measures in the period ended March 31, its fiscal third quarter. Creative said it expects third-quarter sales of about $180 million, with gross profit margins above 20 percent. In January, Creative warned it would be hit by restructuring charges in the third quarter, but said it expected to break even before special charges. It also said it expected to stay profitable for the rest of 2007. "The size of the operating loss comes as a surprise to us," said OCBC Securities analyst Carey Wong. "In view of the latest profit warning, which we fear may not be the last as the fourth quarter also tends to be quite slow for Creative, we are revising down our FY07 estimates." Wong cut his full-year sales estimate for Creative by 9.5 percent to $1 billion, and raised his net loss forecast up sharply to $26 million from $4.6 million previously. The estimates exclude the one-time licence payment from Apple to settle all patent litigation over the iPod music player, which boosted Creative's earnings in the second quarter. Meanwhile, Creative's prospects remain grim, Citigroup analyst Horng Han Low said. "The competitive landscape remains intense in the MP3 segment, which is Creative's largest revenue contributor. Given the increasing, commoditisation of MP3 players and the need for scale, Creative lacks a new big killer application in its product mix to offset the challenges," he added. (us$1=1.517 Singapore Dollar) |
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tanglinboy
Elite |
21-Mar-2007 11:00
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recently creative very quiet.... anybody hear anything new happening to Creative's business? |
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singaporegal
Supreme |
14-Mar-2007 21:13
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Still on downtrend... |
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tanglinboy
Elite |
14-Mar-2007 14:27
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Creative still not doing well... can't seem to get out of the doldrums! |
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bsiong
Supreme |
13-Mar-2007 10:53
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'c' wave |
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tanglinboy
Elite |
14-Feb-2007 10:56
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Creative may be heading below $10 again. It has been dropping for last 2 weeks liao. |
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Profit
Member |
06-Feb-2007 22:06
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Hi all, MACD is now negative and below red signal line. MACD H also shows bearish divergence. It is downtrend and may head toward support price at $10. The 1st resistant price is $10.80.. To buy, may be wait till the MACD crosses above the red signal line again and MACD H turns green, may be at $10. |
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Hulumas
Supreme |
06-Feb-2007 21:23
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Dear Singaporegal, May I know, at what price level we can go in? |
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singaporegal
Supreme |
06-Feb-2007 21:06
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Still downtrending... |
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singaporegal
Supreme |
31-Jan-2007 22:11
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May be downtrending from its TA charts |
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chipchip66
Master |
31-Jan-2007 12:22
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Could end at $11.00 today. Upside depends on Apple-Creative partnership now. |
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singaporegal
Supreme |
18-Jan-2007 21:46
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Volumes still bad but looks to be on slow uptrend now |
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jackjames
Elite |
18-Jan-2007 21:06
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vest in creative? you must be kidding.. it's a suicide to invest this stock.. |
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