Now Iomega issues profits warning

Iomega today joined the bad news crew that is casting fear across the PC industry.

The Utah-based maker of storage drives said it expects to lose between $10 and $25 million for its first quarter, blaming flat year-on-year revenues.

Iomega, a huge hit on Wall Street in the last three years, follows industry bellwethers Intel and Compaq in warning of disappointing earnings.


You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
See All
See All