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Conference hydra::amiga_v1

Title:AMIGA NOTES
Notice:Join us in the *NEW* conference - HYDRA::AMIGA_V2
Moderator:HYDRA::MOORE
Created:Sat Apr 26 1986
Last Modified:Wed Feb 05 1992
Last Successful Update:Fri Jun 06 1997
Number of topics:5378
Total number of notes:38326

4013.0. "COMMODORE'S 4TH PERIOD NET LOSS" by KAHUNA::SUMNER () Tue Aug 14 1990 10:49

<><><><><><><><>  T h e   V O G O N   N e w s   S e r v i c e  <><><><><><><><>

 Edition : 2129              Tuesday 14-Aug-1990            Circulation :  8304 
VNS COMPUTER NEWS:                            [Tracy Talcott, VNS Computer Desk]
==================                            [Nashua, NH, USA                 ]


 Fiscal News - Commodore International
 Commodore International - Posts 4th period net loss
	{The Wall Street Journal, 13-Aug-90, p. B5}
   Commodore posted a net loss of $3.5 million for the fourth quarter ended
 June 30, as demand for its personal computers remained lackluster. The company
 lost $8.9 million in the year-ago period, but much of the difference was
 accounted for by the company's decision to reduce by $10 million the amount it
 had set aside to cover future tax payments. The operating loss in the latest
 quarter was only somewhat narrower than in the year-earlier period - $14
 million compared with $16.7 million. Sales rose 10% to $198.1 million from
 $180.3 million, but Commodore said favorable foreign currency exchange rates
 accounted for much of that gain. Unit sales of the Amiga personal computer -
 the machine on which Commodore has staked its future - climbed 40%. But unit
 sales of the venerable C64 declined, as did sales of some IBM-compatible
 machines.

 MISG = {Article summarized and distributed by Digital's Market Information
	 Services Group (MISG)}

<><><><><><><><>   VNS Edition : 2129     Tuesday 14-Aug-1990   <><><><><><><><>
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4013.1Some good news, thoughKALI::PLOUFFIt came from the... dessert!Tue Aug 21 1990 13:3115
    But the good news is...
    
    >As you all know, the Amiga has achieved the level of popularity it has
    >(1.8 million machines as of June, 1990) because it is the best home
    >entertainment and game machine on the market, regardless of price. 
    > 
    >Jeff Scherb, 
    >Vice President Applications and Technical Support
    >
    >Commodore Online Relations
 
    {excerpted from Usenet posting of Compuserve posting regarding game
    development support on Amiga vs. CDTV.}
    
    Wes