Axis Bad Financial Results (Q1 2015)
Author: John Honovich, Published on Apr 20, 2015Login to read this IPVM report.
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Comments (14)
Itamar Kerbel
Wow - But I don't think they will the last high end camera manufacturer that is going to have these kind of results.
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Undisclosed #1
Oh well, just another Pelco story, sell out before your numbers hit the skids.
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Michael Goodwin
Canon Better not force us to go with Axis overpriced crap
Consider this a warning, they do that, and I'll 1, stop paying Maint for every site, 2, move off to another solution so fast there heads will spin.
it's not hard to see how Axis was loosing out big time, it's just not worth spending so much for so little benefit compared to the other options..
not competing in the $100 market was their undoing
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Undisclosed Manufacturer #2
Another noteworthy victim of the influx of low cost cameras is Arecont. Granted, their poor reputation is a big factor in their fall from prominence, but supposedly their two founders are in debt, they borrowed around $80M from the government last year, and their biggest differentiator in recent years (multi-imager specialized cameras) are no longer so different.
The camera business is analagous to the Compact Disc business in that consumers no longer pay a premium, and they never will again.
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Undisclosed Manufacturer #4
No suprise as we've seen this happen with every other HW technical inovation from Cell phones (ie; Blackberry) to HD / Flat Screen TVs in the last 20 years. HW can and will always eventually be commoditized
In my opinion, the next great waves in the space will be SW & Services driven
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