We hate to kick a good horse when it's down, particularly when it is a home grown product, but Queensland distributor Q*Soft may have understated the impact of Microsoft's decision to sever distribution ties (see ARN Oct 8, p1). Q*Soft claimed the loss of Microsoft left a $6 million hole in its annual sales, but ARN sources suggest the loss represents a considerably higher proportion of the company's $52 million annual sales.
Is Australia ready for an electronic supermarket? Brashs is currently going through a bad trot, and word has it that the electronic chain store's Japanese owner has plans to revitalise the company. Get ready for Brashs stores with even more flashing lights, bells and whistles.
A major Australian-owned IT company is likely to float publicly in the next two or three years. More will be revealed next week as the company outlines its plans for the future.