View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
July 24, 1990

LOTUS DEVELOPMENT WARNS THAT THIRD QUARTER PROFITS MAY BE DOWN

By CBR Staff Writer

Lotus Development Corp begins to look as if it will need all the money it can get from its lawsuit against Borland International Inc if it manages to win it: Lodus warns that the excitement from 1-2-3 3.0 and 2.2 is already wearing off and that third quarter profits may be down, and Richard Sherlund at Goldman, Sachs & Co told the Wall Street Journal that while he reckons that Lotus is selling 120,000 new copies and 25,000 upgrades a month, Borland is catching up, doing 45,000 copies of Quattro Pro a month, and Micosoft Corp getting 35,000 Excels away a month.

Topics in this article :
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU