edplayer
Platinum Member
Originally posted by: Infrnl
I would have bit in a heartbeat on this. I would probably even buy one for $250 w/ free shipping, but price is now $250 plus shipping.
It will go on sale again soon
Digitimes has an article on how Asus is sitting on a huge amount of inventory.
Edit:
Asustek to reduce 25-30% of inventory in 1Q09, says paper
Apple Daily, February 2; Joseph Tsai, DIGITIMES [Monday 2 February 2009]
Asustek Computer plans to reduce its current stockpiled inventory, worth around NT$40-45 billion (US$1.18-1.33 billion), to NT$30-35 billion before the end of the first quarter this year, according to a Chinese-language Apply Daily report.
Asustek's LCD monitor inventory at the end of last year was worth around NT$6 billion. The company estimated this would cause losses of around 20%, equivalent to NT$1.2 billion, for the fourth quarter last year due to depreciation, the paper noted.
The company also plans to reduce its motherboard and graphics card inventory levels to 8-10 weeks in the first quarter this year, while the level for completed PC systems will be even lower. The company will reduce its operating costs by 10%, and will execute new strategies to face exchange rate fluctuations and flexible quotes, the paper added.
http://www.digitimes.com/news/a20090202PB201.html