iRiver bows to Apple’s iPod shuffle, slashes MP3 flash-based player prices up to 25 percent

“Korean electronics makers are lowering the prices of their digital music players to compete with the increasing popularity of Apple Computer Inc.’s iPod on the local market. ReignCom Ltd., Korea’s largest MP3 player maker, slashed the price tag on its best-selling iRiver flash-memory type models by 20 to 25 percent last week and said it will extend the cuts to foreign markets next month,” Kim Tong-hyung reports for The Korean Herald. “Another ReignCom official admitted that the price cuts could have a negative effect on ReignCom’s operating profit during the first quarter.”

Full article here.

20 Comments

  1. Apple makes a healthy profit on most of their gear, which allows them to make other items at little or no profit (iTMS, mac mini, iPod Shuffle) lets see who can keep up as Apple expands into more and more markets which many places for growth and profit ^_^

  2. G-Money, that was funny. ” width=”19″ height=”19″ alt=”grin” style=”border:0;” />

    As we have learned from other companies, cutting the price is not always the key.

  3. so selling the players below cost may have a negative effect on profits? Isn’t that dot com bubble econ 101?

    Interesting that the first move in Creatives audio jihad is RETREAT!!!

    MDN magic word = learned, as in you think they would have by now

Add Your Feedback

This site uses Akismet to reduce spam. Learn how your comment data is processed.