BUD 0.00% 0.6¢ buddy technologies ltd

Disagree.Sales are falling and have every single year.LIFX...

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  1. 1,430 Posts.
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    Disagree.

    Sales are falling and have every single year.

    LIFX products cannot compete. They are OK as a novelty item in a house, but using them in quantity will require a significant router upgrade in most homes. Would you rather pay $70 for a bridge or $500-$1,000 for a router with sufficient capacity to run a wifi light system directly?

    Costs are being cut and staff aren't being paid. Service and support is a shadow of where it was when BUD bought the business.

    ...and Dave McLauchlan is still your CEO. He is the weakest link.
 
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