Creative Technology manufacturer of the Zen MP3 player is bleeding profits. Its shares have slumped 55% as they desperatly try to compete with the Apple iPod. How long can they last before they bail out of the MP3 Playe rmarket?
What a difference a week makes. One week ago, iPhone 4S has just been launched to an underwhelmed public. Just seven days on Steve Jobs is no longer with us but new iPhone has been embraced lovingly by consumers.
While Toshiba profits plunge 95% Samsung has reported a 37% increase for the first Qtr of 2008 with this being attributed to increased sales of mobile phones and liquid crystal displays which offset weakness in semiconductor sales according to Associated Press.