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Logitech International SA Message Board

  • swisslakes swisslakes Jan 25, 2013 5:26 AM Flag

    Interesting bits & pieces from CC

    "In addition to these expected cost savings in fiscal year ‘14 and beyond related to our non-strategic categories, I can confirm that we are on track to achieve the $80 million in cost savings in fiscal 2014 that we committed to you when we announced our restructuring in April of 2012." FY 14 start 1, April 2013

    "The early results are very good and in fact we’re going announce new tablet products coming out soon and if there - as we see more and more tablet products, I think you’re going to see us get faster and faster and faster to introduce things that correspond to the computing platform that comes with it."

    "our game plan in the tablet space is to launch a broad array of products. So we are going to be coming very soon with those and we will be prepared to announce them."

    "So we’re going to be in a position where we offer products for different sizes of tablets and expecting that consumers are going to use them for different functions even productivity functions in smaller tablets which we expect is coming."

    " I think we've made a really good move here. So our operating structure we have a significant operation in Europe a significant operation here in Silicon Valley where the heat of the action is for a lot of the computing platforms. And now we have a significant group sitting in China very close to suppliers and so that we can actually codesign and codevelop."

    transcript at seeking alpha

    Sentiment: Strong Buy

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