“Psystar was looking for $24 million in funding, the presentation said, to expand its operations as well as to back its own branded hardware so it could ‘compete directly against Apple,'” Keizer reports. “Under its conservative projections, Psystar told investors it would sell 70,000 computers in 2009, 470,000 systems in 2010 and 1.45 million machines in 2011. The firm’s aggressive growth model, however, put those numbers at 130,000, 1.87 million and 12 million during 2009, 2010 and 2011, respectively. By comparison, Apple sold 10.4 million Macs during its 2009 fiscal year, the 12-month span that ended Sept. 30, 2009.”
Keizer reports, “Dr. Matthew Lynde, who works as an economics consultant for Cornerstone Research, said in a declaration submitted to [the court] on Monday [that], after digging through invoices, purchase orders and other documents, Lynde was able to pinpoint only 768 sales of machines with Mac OS X pre-installed. ‘Psystar has not challenged my analysis of its financial records,’ Lynde added.”
MacDailyNews Take: Lah-who-suh-hers.
Full article here.
MacDailyNews Note: Posting will be limited today as we spend Thanksgiving with family and friends. For those celebrating the holiday, Happy Thanksgiving and, as always, thanks for visiting MacDailyNews!
My projected income in 2011 is between 0 and 1 million dollars/yens/euros/pounds/peanuts.
MDN Magic Word : Trade. That’s what I’m hoping for. Trade.
Happy Thanksgiving to the Pedroza brothers!
From the vocal protestations and ejaculations of the (two?) PisStar customers posting on this site, one would think the company sold 768,000 units, not 768.
Given the paucity of units involved here, I wonder if Apple will insist on their return/destruction in the “relief” hearing next month. Can’t wait to find out.
In other (welcome) news:
Psystar website has been in terminal spinning gear mode for days.
http://www.psystar.com/
Half of them went to Ratty
Or maybe “Rattymouse” is also “I’m a PC”.
Still lives in his parents basement, still using the low end Dell he got for graduation from High School 3 years ago, still dreaming of bigger things while working at McDonalds.
gobble gobble
768 units????
That’s not enough profit to pay rent, let alone utilities and other business expenses.
Like expensive lawyers to wage court cases on both coasts.
This news is going to fuel the conspiracy theories, big time!
So someone has lost a lot of money somewhere financing that sort of output. That put alongside the story about Apple having 48% of profits on retail computer sails perhaps suggests why someone somewhere might have thought the cost would be worthwhile if it succeeded in sabotaging that profit margin. Interesting, lets the rejuvenation of the conspiracy theories.
They were met with incredulity, then insults, and finally laughed out of The Dragon’s Den.
OK – now I see what they were up to. They were trying to sell the idea of Mac clones to investors and hoping to get rich quick. Problem is that most savvy investors would never get into anything that has clear legal issues.
These guys probably made $50 on each unit which probably just covered their labor costs.
Of course they have had to spend a lot in legal costs so this probably wasn’t the best idea.
768: The number of “Pedraza” listings in the Miami phone book.
Gee, where’s Rattlemouse, Rattymouse (or whatever he morphs to) when you want to abuse him?
I would hate to have been one of those venture capitalists who fell for their bull!
Cause come Monday next theirs going to be hell to pay…
Unfortunately, their site is still up and functional. If you want to read something truly funny (or purely sad, or delusional, or all of the above), click on Community, then About the Case, and read the two (!) comments, that are both obviously posted by Psystar itself.
More comedy gold from Florida, the Sunshine State.
MDN word: “schools,” as in “My goodness, what _are_ schools teaching these days when crap artists like the people behind Psystar think that they can build a business based on theft?”
@ DogGone – Actually, if you read the Groklaw writeup for the Psystar case, you’ll see that Psystar actually pitched the lawsuit as a way of freezing out competition.
“The on-going litigation will insulate Psystar from competing with other PC manufacturers in the OS X arena” they stated, in a pitch to VC’s.
Groklaw concludes that they wanted to get sued, so others would be afraid to do what Psystar was doing until after the trial, and meanwhile the publicity would give Psystar brand recognition and a head start. Indeed the Summary page at the end states it baldly: “Thanks to ongoing litigation and current market conditions Psystar has a unique opportunity.” Unique is too small a word for this, I think. Litigation as business plan. So now we know why it seemed to want to get sued. They thought it was a market opportunity and a way to get VC money.
It seems “litigation as a business plan” is coming up more frequently these days…
Seriously, I just ordered $10,000.00 worth of computers from Psystar’s web site. They processed my order, gave me a confirmation number and now they’re waiting for my check. Right… lol
Surely the vencaps pumpimg money into this venture must have known they’d not recoup there investment
I’d like to know, if they actually got anyone to invest?
If so, I would love their contact info!
I am sure I could come up with something for them to invest in
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Rattymouse claims that he is reponsible for four of Psystar’s sales. That makes him 0.5% of Psystar’s total business! He might be their best customer!
——RM
Could you Americans please learn the correct usage of the following:
‘then’
‘than’
‘their’
‘there’
Dear MacDaily, it’s Thanksgiving and I’m trying to relax and not tax my brain too much. I have no idea what ‘Lah-who-suh-hers’ means.
Can you stop being so cute for one day and explain.
Could you please learn not to be so rude? Go stand by the wall, while we Americans dance with the English language.
It means ‘Loser’ and there is a comedian or TV show that uses it as a ‘tag line’. I’ve heard it before but don’t remember where.
thats not dancing, it’s illiteracy