Axis Market Weakness Continues in Q2 2009

Author: John Honovich, Published on Jul 08, 2009

So much for green shoots - at least for Axis. In their just released Q2 financial report, Axis leads with "No Change in Sales Trend" which is not a good thing considering their abrupt drop from last year's almost 40% growth rate.

This will certainly generate a new round of debate on the future of IP and Axis as the market's leader. While privately lots of industry people talk about how things are improving, this is not a sign in that direction. On the other hand, it's quite likely that the IP market as a whole is doing better than Axis is currently.

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