Friday, 10 February 2006

Creative talks about A le agreement

Creative, makers of lots of MP3 players and awesome soundcards in the 90s, just had their earnings call. Creative posted a lo of $21 million on sales of < an cla ="storytext">$241.4 million. The only good news that they had to share was of the settlement with A le (you remember the one where A le pays Creative $100 million for use of the 'Zen patent' and Creative gets to make 'Made for iPod' products). Creative seems to be pi ing their hopes of making money next quarter on marketing their acce ories to iPod owners.

Another interesting tidbit, A le forked over the $100 million to Creative on October 6th, and thanks to < an cla ="storytext">"lower-than-expected tax rate" Creative got to keep $82 million of it.

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