The patent application was to protect our invention. As you can see . . . the invention is significant.
More Quotes from Craig McHugh:
Our revenue in the quarter was the highest for any quarter in the past five years, with increased year-over-year sales in each of our key product categories.Craig McHugh
One of the key challenges we face in our MP3 business is an industry-wide shortage of 1GB flash memory. Industry demand for high-capacity flash memory currently outstrips supply and this will impact availability of our 1G-byte flash MP3 players for the holiday quarter. The shortage of flash memory, according to industry analyst speculation, is primarily a result of a special deal that Apple has secured from a key supplier for the holiday season.
Craig McHugh
There was a drop in flash memory prices in the quarter, with a precipitous drop in prices at the end of the quarter. This had a significant adverse effect on our sales in the quarter, and resulted in lower revenues, lower gross margins and inventory write-downs in the period.
Craig McHugh
Of primary importance, we achieved our goal of returning to profitability.
Craig McHugh
We had set our targets higher for unit volume and average selling prices for our MP3 players than we achieved in the period.
Craig McHugh
Readers Who Like This Quotation Also Like:
Based on Topics: Discovery & Invention QuotesIn all history there is no war which was not hatched by the governments, the governments alone, independent of the interests of the people, to whom war is always pernicious even when successful.
Leo Tolstoy
Your enjoyment of the world is never right, till every morning you awake in Heaven: see yourself in your Father's palace; and look upon the skies, the earth, and the air as celestial joys: having such a reverend esteem of all, as if you were among the angels.
Thomas Traherne
Archaeology is the peeping Tom of the sciences. It is the sandbox of men who care not where they are going; they merely want to know where everyone else has been.
Jim Bishop