Latest in Amazon

Image credit:

Sun stops shining on E Ink Holdings: company reports first loss in two years

Sharif Sakr
04.27.12
Share
Tweet
Share
Save

Sponsored Links

E Ink Holdings made a loss of over $25 million last quarter, despite supplying its backlight-free panels to popular e-readers like the Kindle and the Nook. Why the poor showing after ten quarters of solid money-making? The company's accountants blame "off-season effects" and "inventory adjustments" by customers, which may simply be corporatese for "the screens aren't selling so well." Overall revenue tumbled 63 percent compared to the same period in 2011 and the outlook remains "conservative" -- although it's hard to believe that everyone suddenly wants to stay indoors and stare at pixels.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Share
Tweet
Share
Save

Popular on Engadget

Engadget's Guide to Privacy

Engadget's Guide to Privacy

View
YouTube CEO apologizes for channel verification mess

YouTube CEO apologizes for channel verification mess

View
Apple’s new iPhones can better manage your battery as it ages

Apple’s new iPhones can better manage your battery as it ages

View
Porsche welcomes challenge from Tesla as it adapts to the EV world

Porsche welcomes challenge from Tesla as it adapts to the EV world

View
Fujifilm's X-Pro3 mimics film cameras with a fold-out display

Fujifilm's X-Pro3 mimics film cameras with a fold-out display

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr