CNet ( http://www.cnet.com ) is reporting that Macromedia’s earnings are less than what were expected for the company’s second fiscal quarter. Expectations were for a 10-20% rate of growth while they were more around 5-10. Reasons?
“The uptake rate for MX 2004 has been a lot slower in the first few weeks than we expected and certainly than we’ve experienced in the past,” Burgess [Macromedia CEO] said during a conference call with financial analysts late Wednesday.
And why would that be?
Burgess attributed the slow start to a cautious overall information-technology spending environment and Macromedia-specific factors, such as the decision not to offer a free trial version before the product’s release as the company had done in the past.
Methinks other factors include shipping flaky, unreliant, bug-ridden products requiring despised activation?
Full CNet Article:
http://news.com.com/2100-1012_3-5095653.html?tag=nefd_top
