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Friday, November 12, 2010

Dynavox doesn't get it

Dynavox's stock price has taken a nose dive of late. Sales are down.
For the 13-weeks ended October 1, 2010, net sales were $21.6 million or 11% below net sales of $24.3 million during the 13 weeks ended October 2, 2009. Sales of the Company's speech generating devices declined 8% from the prior year to $17.2 million, and sales of its special education software declined 22%, to $4.4 million, for the first quarter of fiscal year 2011.
They blame lack of government money in a time when government spending is through the roof.
The Company believes that reduced domestic government funding, and particularly more constrained state and local government funding of school budgets, is adversely affecting its product sales in the United States.
How about this? Dynavox won't let me purchase the software to run on a computer or other device which would be a huge benefit for us. We have touchscreen computers and laptops at our house that my daughter loves and it would be great if we could run the Dynavox software could be used elsewhere.

They seem a tad oblivious to the fact that iPads and similar devices are on the verge of cleaning their clock and providing superior products at a fraction of the cost. Wake up, Dynavox. You make your money on the durable devices, drop the paranoia about your software.

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