OCZ May Be On Its Last Legs

itwbennett writes "OCZ, one of the first commercial solid-state drive (SSD) makers has been blaming a shortage of NAND for its woes for some time now, but things have taken a precipitous turn for the worse: 'For its second fiscal quarter ended August 31, 2013, revenue was $33.5 million, a huge drop compared to revenue of $55.3 million for the first quarter of 2013 and revenue of $88.6 million for the second quarter of 2012. The net loss for this quarter was massive, $26 million, a doubling of the $13.1 million loss in the same quarter last year.' The company has burned through cash, its stock collapsed, and now so have sales. Meanwhile, other SSD makers are doing well. So what is happening here?"

Comments

Re:Full of BS

[hairyfeet]

Uhhh...how EXACTLY does gaming SSDs and enterprise products have ANYTHING in common? Other than who made them nothing is comparable, after all Dell still makes good servers but that don't change the fact the Dell units in Worst Buy are garbage.

What you and the other enterprise guys fail to realize is...you're a dinosaur. I'm sorry but you are, consumers simply buy waaaay more product than you do and with VMs you'll be buying less every year. What killed OZC wasn't their enterprise kit, it was the fact their consumer lines were shit, end of story.