Monday, July 2, 2012

Re: [Avid-L2] Staff cuts and selling the Consumer side

 

Revenue vs profits? Considering all the hardware M-Audio moves, I'll guess the margins are thinner than with software.

Jim Feeley
PS- Dave, can you change your email settings so your posts don't show up with "Avid" in the "from" line? Or am I the only one seeing Dave's posts that way?

On Jul 2, 2012, at 1:28 PM, [Not Avid] wrote:

> I don't read those things all the time but something seems weird to me.
> The consumer division brought in $91 million worth of revenue last year and
> they are selling it for $21 million - which is the charge they will take
> for selling it? Gotta be another sale coming...
>
> - Dave
>
> On Mon, Jul 2, 2012 at 12:08 PM, KBod <KMBodner@yahoo.com> wrote:
>
>> **
>>
>>
>> Just saw this:
>>
>> http://www.nasdaq.com/article/avid-technology-to-sell-consumer-businesses-cut-jobs-coo-to-step-down-20120702-00689

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