Yeah sadly they weren’t gonna be able to stay the same with their remaining products being expensive niche case motherboards and good power supplies. Hopefully the employees got good gigs elsewhere at least.
Nope. First off: They still have 75% of their old profit (at 10% of the revenue). What they gained is new opportunities: Really good PCB designers etc. are a rare breed and a valuable asset, makes much more sense to have them working on something that actually earns you money.
They cut an unprofitable market segment and are applying their resources elsewhere. How the fuck is that supposed to be a bad business decision.
Yup. It was something like 90% of their revenue, but 25% of their profit.
And now they have 0 revenue and 0 profit.
Well according to the previous math, they retained 10% of their revenue and 75% of their profits. I know, math is hard.
They aren’t gonna get far just making keyboards and power supplies though. They wound down their motherboard too, I believe. They let kingpin go.
Companies get by making keyboards and power supplies all the time.
They are in the process of closing down this year.
Yeah sadly they weren’t gonna be able to stay the same with their remaining products being expensive niche case motherboards and good power supplies. Hopefully the employees got good gigs elsewhere at least.
They still exist. However their website also says they’re “America’s #1 NVIDIA partner,” so…
They do seem to be winding down operations as a whole, though. It’s a deliberate choice on the owner’s part.
Nope. First off: They still have 75% of their old profit (at 10% of the revenue). What they gained is new opportunities: Really good PCB designers etc. are a rare breed and a valuable asset, makes much more sense to have them working on something that actually earns you money.
They cut an unprofitable market segment and are applying their resources elsewhere. How the fuck is that supposed to be a bad business decision.