Segway sales hit all time high, thanks OPEC!

Darren Murph
D. Murph|06.16.08

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Darren Murph
June 16th, 2008
Segway sales hit all time high, thanks OPEC!

We get that rising gas prices are putting folks in a world of hurt, but has it really gotten so bad that we're resorting to losing our dignity riding Segways? According to a recent writeup in The Wall Street Journal, "sales at Segway Inc. have risen to an all-time high," and CEO Jim Norrod fully expects sales this quarter to "jump 50% from a year earlier." Not surprisingly, many of its new customers are universities and public service divisions who are replacing traditional vehicles with the all-electric scooters, but we still get the impression that individuals are steering clear due to its remarkably high price and laughable design. At least, that's what we'll continue to tell ourselves.
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