I was wondering how the new speakers are selling in the shops. Anyone know?
Usually when a new innovative product like these is announced the stock price goes up dramatically. The B&O stock has been on a three month decline since September when they were announced. it was up to 57 it is now down to 44.
Last January it was at 70. That's a 33% decline. Seems the lower it goes the more likely some one would make a play to acquire the company.
I remember reading the Danish Union shop steward made a comment that Tue had one more year to deliver on his plan or he was out. I know they were opening shops like crazy in China. Wonder how that is going?
The Apple stores don't seem to be that great for B&O. When I go in I never see any B&O. Maybe they sell mostly thru Apple's online store?
They have started selling BeoPlay products in the US at Best Buy and a furniture store called Design within Reach. Not sure how that is working out.
It's hard to increase sales when still most people don't know your name. π