Corel fails to boost office suite market share

Article Abstract:

Corel Corp. of Ottawa, Ontario, has failed in its effort to boost sales without hurting profit. The company cut the prices for its WordPerfect office suite by as much as 50% in mid-March 1998. However, the company's move seemed to have backfired, according to PC Data of Reston, VA, which measures retail software sales in the US. Although the company was able to increase the number of units sold, the greater volume did not offset the price cuts, resulting to lower office suite revenue. According to PC Data, Corel had US$2.7-million in revenue from the office suite in April, down from $3.7 million in March 1998.

Comment:

Has failed in its effort to boost sales without hurting profit

Marketing procedures, Corel Corp., Article

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Software firms afraid of EC move

Article Abstract:

Industry analysts said that Canadian software exports would decrease if new European Community rules were put into effect. The proposed regulations, which are part of amendments to the General Agreement on Trade in Services, would affect software, music and books that are transmitted via the Internet.

Government regulation (cont), Exports, Laws, regulations and rules, European Union. European Commission

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Dot-coms see a future in software

Article Abstract:

In the wake of the demise of many dot-coms, companies such as MobShop Inc. are focusing on the business of software.

United States, Strategy & planning, Services information, Services, MobShop Inc.

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