max- opened this issue on Feb 26, 2003 ยท 63 posts
EricofSD posted Fri, 28 February 2003 at 1:58 AM
Revenue from Graphics Solutions (formerly Creative Products) decreased by 10.2% from fiscal 2001 largely due to the lack of market acceptance of Mac OS X. There was a decrease in revenue for products that we had developed for this operating software: Painter and Bryce. There was also a $6.6 million decrease in revenue from legacy consumer application products that were not actively marketed during fiscal 2002. However, these declines were offset by a $6.3 million increase in revenues that resulted from products acquired from Micrografx, such as Corel DESIGNER and Picture Publisher. Revenue from Graphic Solutions products is expected to remain relatively consistent in fiscal 2003 with a small decrease overall as certain unprofitable product lines are dropped. *************************** http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0000890640%2D03%2D000002%2Etxt&FilePath=%5C2003%5C02%5C18%5C&CoName=COREL+CORP&FormType=10%2DK&RcvdDate=2%2F18%2F2003&pdf=