“We believe Creative would have no choice but to follow Apples example and cut prices on their MP3 players.”
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“Although we had anticipated Creative to report a poor set of third-quarter results, the guided numbers were worse than our projection of a $1 million operating profit.”
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“We expect the business environment for Creative to remain tough at least for the next two quarters. Demand is only expected to pick up for the year-end Christmas sales.”
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