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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

4714.0. "CBM earnings for Q3" by BAGELS::BRANNON (Dave Brannon) Tue Apr 30 1991 14:27

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

 Edition : 2309             Thursday 25-Apr-1991            Circulation :  8505 

 Commodore - Posts $1.4m increase in Q3 net income
	{The Wall Street Journal, 23-Apr-91, p. C8} {MISG}
   Commodore International Ltd. reports that operating profit rose
 substantially in its third quarter ended March 31 but that a $9.2 million
 legal settlement negated much of the gain. Although the results were above the
 range predicted by Wall Street analysts, Commodore was helped by a tax rate
 that was much lower than expected, less than 3%. In composite trading on the
 New York Stock Exchange yesterday, the concern's shares traded as high as $20
 but soon eased back to close at $18.875, up 37.5 cents. Only six months ago,
 the computer company's stock dipped as low as $4.50 a share, reflecting the
 roller coaster fortunes of the West Chester, Pa., company. For the latest
 period, Commodore posted a sevenfold increase in net income, to $1.4 million,
 or four cents a share, from $200,000, or a penny a share, in the year ago
 quarter. Net sales rose 16% to $246.3 million from $213.2 million. Commodore's
 success was anchored almost entirely in Europe, which contributed 85% of the
 quarter's sales and also produced favorable currency effects.
                                                                               
    
    
    What is that $9.2 million legal settlement???
    
    Dave
T.RTitleUserPersonal
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4714.1Cola, Computers, Beer: They are all the sameTLE::RMEYERSRandy MeyersTue Apr 30 1991 15:1814
Re: .0

>What is that $9.2 million legal settlement???

Commodore lost the lawsuit filed by former Commodore president Tom Rattigan
for breach of contract.

Rattigan, a former PepsiCo executive, had a five year contract as president
of Commodore when he was fired.  Rattigan now is president of a beer company.

Rattigan was three Commodore presidents ago.

Rattigan's most notable decision in my mind was the layoff of most of
the original Amiga design team.
4714.2BAGELS::BRANNONDave BrannonTue Apr 30 1991 21:117
    thanks Randy.
    
    Has there been any news on the dispute with the IRS?  Something about
    CBM being a US company so that they owed taxes on the worldwide
    operations, instead of a being a multinational corp based in Bermuda.
    
    Dave
4714.3TLE::RMEYERSRandy MeyersWed May 01 1991 16:1514
Re: .2

I hadn't heard anything about tax problems.  Also, to divulge my
sources, my reply .1 was largely based on a article in the latest
.info magazine.

By the way, in case my sarcasm wasn't clear in .1, I don't believe
in the theory that there is some abstract management skill that allows
an individual to perform equally well as the president of a computer
company as a cola company.  I personal assessment of Rattigan was that
he was a hatchet man who made his cuts unwisely.  I believe that he
damaged Commodore's long term future by not cutting deeper into
their Commodore 64 business (which was winding down anyway) and not
putting more of the companies resources into the Amiga.
4714.4BAGELS::BRANNONDave BrannonThu May 02 1991 13:2820
    I can top that... :-) one of the presidents at Atari before Jack T.
    took over was famous (or infamous depending on your point of view)
    for referring to programmers as like towel designers (his background
    wasn't computers either, I think it was textiles), you just hire
    and fire them as needed.  The main thing is to sell the product,
    whatever that it is ... 
    
    My impression was that Rattigan tried a power play against Gould,
    and lost.  That appears to have started Gould on a quest for presidents
    with specific skills and short contracts.  And with the last change
    it looks like he even eliminated "president" as a title.  That should
    help kill the stories about revolving door presidents.  The US market
    has had trouble figuring out the difference between CBM US and CBM the
    multinational corporation.  The title "President" has more meaning in
    the US, the assumption is that the President is the head of the
    company.  The title "General Mangager" doesn't have that assumption, it's
    more like the head of a subsidiary.
    
    Dave
    
4714.5Power of PeonageTLE::RMEYERSRandy MeyersThu May 02 1991 13:4814
Re: .4

>    I can top that... :-) one of the presidents at Atari before Jack T.
>    took over was famous (or infamous depending on your point of view)
>    for referring to programmers as like towel designers

That president also once referred to the hardware and software engineers
who worked for him as a bunch of prima donnas.

The employees retaliated by having tee shirts made up that said:

	Just another f_cking prima donna from Atari

Jay Miner, the chief Amiga designer, had one.
4714.6"a title for your reply"ULTRA::BURGESSMad Man across the waterThu May 02 1991 14:1912
	"Managing engineers is like trying to herd cats."


	.....no   C A T S   pun intended, and I don't think it matters 
if they're hardware or software engineers - they just ain't herd 
animals.


	R


4714.7Market share figures for 1990STAR::DCARRGuru: a 4-letter word to Amiga ownersThu Oct 03 1991 20:5320
    This looks as good a place as any to put this.

    From a pie chart that accompanies today's Apple-IBM story in the
    Lowell Sun.

    Personal Computer World Market Share, 1990

    IBM			    11.9%
    Apple Computer Inc.	     7.5%
    Commodore Int'l Ltd.     7.1%
    NEC Corp		     5.6%
    Compaq Computer Corp.    3.9%
    Others		    64  %

    Source: Company Reports, Dataquest, Inc.

    'Twas news to me that Commodore's only .4% behind Apple. Wonder if
    that includes the over 10 million C=64s out there?

    -Dom
4714.8I'm sure it includes a lot of CBM PC clonesCVG::PETTENGILLmulpFri Oct 04 1991 00:542
CBM does a LOT of business in Europe and Amiga is not the largest piece of it.
I gather that with eastern Europe opening up, the C-128 has taken off again.
4714.9RGB::ROSEFri Oct 04 1991 09:503
	If they included C64's they must have included Apple IIs as well.
An impressive achievement, if the numbers are right. It would be interesting
to see the data for Macs vs. Amiga, though.
4714.10Nearing the 3 million markSTAR::DCARRGuru: a 4-letter word to Amiga ownersFri Oct 04 1991 10:19204
    The following is extracted from AMReport (edition 1.11) which is a 
    newsletter which appears on usenet. CBM expects to ship its 3 millionth 
    Amiga in the next month or two. Isn't Apple up around 5-6 million Macs?
    I'll upload the recent editions of this newsletter to eot:: and announce 
    it in the uploads note.

    -Dom


 
 
			   DevCon Keynote Address
			   ~~~~~~~~~~~~~~~~~~~~~~
The following text file on the just finished Denver DevCon was released
to the press.
 
 
1991 Amiga Developer's Conference, Denver, Colorado
Keynote Address
Jeff Scherb
Vice President, Applications & Technical Support
 
 
A lot has happened since we were together last year at the Atlanta
Devcon.  I spent a great deal of time thinking about this year's
keynote address, and in going over the events of the past year,
I was very surprised to see how much we at Commodore and you as
developers have accomplished.  We often lose sight of the progress
of the war because of our particular daily battle, and I think it's
worthwhile to take a few minutes to review what we've accomplished
over the last year.
 
It's been a very good year for us.
 
- We are now getting the press coverage we deserve.  The Amiga is
  finally being recognized as a powerful and cost-effective
  alternative to the PC and Macintosh.	We are getting noticed
  by the professional computing community.
 
- The A3000 is shipping in volume.  The recent "A3000 Power Up" sales
  promotion run by Commodore in the US has exceeded all of our
  expectations, and has, in fact, resulted in a backlog of
  orders for the machine.
 
- The A500 continues to gain momentum, particularly in Europe.
  Many believe that the 500 is now poised to repeat the success
  of the Commodore 64.
 
- CDTV is shipping, to tremendous press reviews.  Over 100 titles
  are already available for the machine.  The press now defines
  the "interactive multimedia player" machine generically as
  CDTV, rather than CD-I as it did a year ago.	We are now the
  leader that the "other guys" have to follow.
 
- We are now shipping Amiga running AT&T System V, Release 4 UNIX.
  This is one of the earliest commercial implementations of
  V.4, and our implementation includes Open Look and color
  X Windows running on the University of Lowell graphics card.
  Over 150 applications are already available for the machine.
 
- The A3000T "tower" machine is now shipping - this elevates
  Amiga expandability and performance to new levels.
 
- AmigaDOS 2.0 is now finished, and ROMS are being manufactured.
 
- Over 1000 developers are registered in the CATS-US Developer
  support program.  Over 500 are registered in the support
  program in Europe.  This is a significant increase over last
  year.
 
- There are more developers attending this year's developer
  conference than last year.
 
- Commodore continues to be profitable, and just closed the fiscal
  year at over $1 billion, for the first time since the '64 days.
 
- In the next month or two, we expect to ship the 3 millionth
  Amiga!
 
So we all have good reason to reflect back on the year since the
last developer's conference and feel very good about our
accomplishments.
 
There's much more coming, in terms of new hardware and software,
and we'll tell you about some of them over the course of this
week's conference.  I won't steal the thunder of the session
speakers by giving you any details now.
 
Let's turn to the present - where should you developers focus
your efforts to make 1992 an even better year?
 
- First, make sure you are strong in the areas of the world
  where Commodore is strong.  You will see from our annual
  report that Commodore does about 85 percent of its business
  in Europe.  If you don't have good European distribution,
  or your product is not available in the local European
  languages, you are missing out on a very large market.
 
- Support AmigaDOS 2.0 now!  The time has come.  We will be
  shipping machines with 2.0 in ROM very soon, and the time
  for you to release 2.0 compatible upgrades is now, if you
  haven't done it already.
 
- Continue your focus on quality.  In general, Amiga software
  is of much better quality now than it was a year ago, but
  we all need to continually focus on quality.
 
CATS is here to help you.  That's the only reason we exist.
Please take advantage of the services we offer.  This year,
CATS has released more developer tools and documentation than
in any other year.  Here are a few examples:
 
- The User Interface Style Guide will help you create more
  intuitive, easy to use, and standard user interfaces, for
  your applications.
 
- The Application Installer, available from CATS for free
  distribution with your applications, provides a standard
  and simple way for your users to install their applications
  on their hard disks.	Use it.  Plan to attend the session
  this week covering this new tool.
 
- AppShell, a development tool designed to serve as a sample
  application and a basis for the event processing code in
  your applications, is available now.	Take advantage of
  this tools to speed you application development.
 
- The ARexx development guide will help you add this important
  interprocess language capability to your applications.  You can
  buy this manual at the Devcon Store this week.
 
- We now have AmigaGuide, a hypertext development and runtime
  system, available to you for inclusion in your applications.
  Using this tool, you can easily add hotkey hypertext-linked
  help text to your applications.  Be sure to attend the
  session on AmigaGuide to learn all about this new tool.
 
- Most of the 2.0 ROM Kernel Reference Manuals are finished
  and either are available now at the Devcon Store, or
  are in the final printing stages at Addison-Wesley.
 
- How many of you are using Enforcer and Mungwall?  Why didn't
  everyone raise their hands?  Every developer should be using
  these debugging tools as part of their normal routine.  MS-DOS
  and Mac developers can only dream of powerful tools like
  this, since they can't be implemented on those primitive
  computers.  Make sure you take advantage of these tools.
 
CATS has quite a few other projects in the work to help make
you more productive in developing applications:
 
- As I said before, if you're not in Europe, you need to be.
  "Crossing Borders," a new reference book to be available
  from CATS early this fall, takes a "cookbook" approach to
  getting to Europe.  How do you get distribution?  Support?
  Translation of your manuals and programs?  Crossing Borders
  is the manual that will help you answer these questions.
  Make sure you get your copy as soon as they're ready.
 
- We're putting the Amiga developer docs on CD-ROM, using
  our own AmigaGuide hypertext system.	Using this you'll
  be able to integrate this online reference to the Amiga
  operating system and hardware into your favorite text
  editor; you can call up OS function definitions while
  you're programming, and using the cut-and-paste features,
  move examples directly from the documentation into your code.
  This should be available sometime this fall, and you can see
  a demo of it this week in the hardware lab.
 
- We're arranging special Developer/Distributor meetings to
  help you meet the European distributors and gain distribution
  in Europe.  The first of these will be held this year at
  Amiga '91 Cologne, the largest Amiga show in the world.  Last
  year, this show drew 60,000 people.  You'll be getting a
  mailing from CATS with information on these meetings next week.
 
We've got a great Devcon planned for you; let's look at some of the
highlights:
 
- Several sessions on new hardware are being held today;
 
- we have a lot of detailed CDTV sessions for you;
 
- a presentation by a translation service that can help you
  move your applications to Europe;
 
- several sessions by Commodore's US marketing department, to
  help you understand where we're going from a marketing point
  of view in the US;
 
- a session on finding the right European distributor, by
  CATS Applications Manager, Europe, Wolfgang Trompetter;
 
- and many other technical hardware and software sessions.
 
Enjoy the conference; make the most of it; CATS is here to
help you.
 
Thank you.
 
 ======================================================================
 
 

4714.11Most in $ at leastTLE::RMEYERSRandy MeyersFri Oct 04 1991 20:316
Re: .8

>CBM does a LOT of business in Europe and Amiga is not the largest piece of it.

I believe the statistic I heard was that the Amiga brings in 60% of
Commodore's revenue.