E-ink Reported Q3 Revenues Down from Last Year
While E-ink usually does their best to tell a less than complete story about their financial state, the slides from E-ink’s investor conference last week (found by E-ink Info) say more than E-ink would like.
The screen maker reported earnings of approximately $133 million USD in the third quarter of 2014, down from $154 million in the same period last year. Both gross and net profit were down, with E-ink reporting a net of around $3.3 million.
E-ink also reported carrying significantly less stock on hand as compared to last year while at the same time boosting its cash reserves and reducing debt.
During that quarter E-ink saw the launch of two new ereaders with next-generation screens: the Kobo Aura H2O, which has a 6.8″ Carta screen, and the Kindle Voyage, which has a 6″ display with a screen resolution of 300ppi.
Jonah November 16, 2014 um 10:14 pm
When is a colour e-ink screen ever going to arrive in a mainstream product?
Nate Hoffelder November 16, 2014 um 10:22 pm
Probably never. Color E–ink screens just aren’t worth it. They can’t really do white, the colors aren’t very strong, and the resolution is low.
DavidW November 17, 2014 um 8:18 am
E-ink has been stagnant in a market that demands fast evolution in tech. I don’t like reading on an lcd screen, but I honestly can’t wait for any rival tech not controlled by one single company that fails to innovate.
Alonso Yañez December 11, 2014 um 9:48 am
colour e-ink screen please!
The LCD kill the retina cells.
Nate Hoffelder December 11, 2014 um 11:47 am
The problem with color E-ink is that it can never be sharp enough or colorful enough to equal an LCD screen. It will always be gray and low-res, and there’s just not enough of a market for that.