Feeds

Logitech flogs 500,000 emasculated mice

Which was nice for them

  • alert
  • submit to reddit

Bridging the IT gap between rising business demands and ageing tools

It looks like there's still a healthy market for peripherals even though the PC business is super-sluggish. Mice mogul Logitech has posted Q1 sales of $177.9 million, up 26 per cent on last year's Q1 sales of $141.4 million.

Net income hit $6.3 million compared with $5 million for the same quarter last year. Operating income of $8.2 million was more than double that of the previous year.

The company singled out its ball-less cordless MouseMan Optical for special praise - it's shifted more than half a million of them since March.

It was also pleased with a deal it struck with Yahoo! to plug Logitech's QuickCam family of webcams.

Logitech thinks sales will continue to be strong throughout the year. It has restated that it expects sales to grow by approximately 25 per cent in fiscal 2002, with operating income increasing by 40 to 45 percent. For the second quarter, ending September 30, 2001, it expects 12 to 14 per cent growth in revenue and 35 to 40 per cent increase in operating income. ®

Related Link

Logitech's statement

Related Stories

Type Me Your Password
Logitech ignores PC slowdown
Logitech emasculates mice

Build a business case: developing custom apps

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple ran off to IBM
But never fear fanbois, you're still lapping up iPhones, Macs
Nadella: Apps must run on ALL WINDOWS – PCs, slabs and mobes
Phone egg, meet desktop chicken - your mother
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
prev story

Whitepapers

Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.