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2015-12-18
, 15:17
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Posts: 1,986 |
Thanked: 7,698 times |
Joined on Dec 2010
@ Dayton, Ohio
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#3031
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2015-12-18
, 15:32
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Posts: 388 |
Thanked: 1,340 times |
Joined on Nov 2007
@ Finland
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#3032
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The crowdfunded Jolla tablet is also being impacted by the funding crunch, with ongoing delays to shipments and most backers still waiting to receive their tablets. Saarnio said it’s now considering options on that front — including potentially canceling the tablet and refunding backers — now it has secured fresh financing.
“This is a quite challenging situation because it’s not linear what is the harm done on the tablet program,” he told TechCrunch. “It’s something that if you delay or stop working with your production partner for a couple of months it basically means that it’s difficult to [re]start the process as well.
“So we are now looking into different alternatives. One of them is to continue with the tablet production. One is refunding of the tablets… We are now working to find out what is the realistic way to serve our customers.”
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2015-12-18
, 15:35
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Posts: 233 |
Thanked: 532 times |
Joined on Sep 2011
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#3033
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2015-12-18
, 16:09
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Posts: 1,873 |
Thanked: 4,529 times |
Joined on Mar 2010
@ North Potomac MD
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#3034
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Assuming the cost of the tablet, till last November, was ~4.2 M$ they "pre-sold" 12K units and raised funding ~2.8 M$. The loss at that point was ~1.4 M$ but meanwhile they have finished both sw and hw designs.
If they go for a refund that will cost them 2.8 M$, and they have to write off hw designs cost as a loss too.
On the other hand if they produce the tablets they have to pay manufacturing costs only which I think(?) it must be less than $220 per device at the moment, plus hw support costs.
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2015-12-18
, 16:15
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Posts: 1,986 |
Thanked: 7,698 times |
Joined on Dec 2010
@ Dayton, Ohio
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#3035
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On the other hand if they produce the tablets they have to pay manufacturing costs only which I think(?) it must be less than $220 per device at the moment, plus hw support costs.
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2015-12-18
, 16:27
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Posts: 4,118 |
Thanked: 8,901 times |
Joined on Aug 2010
@ Ruhrgebiet, Germany
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#3036
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The evidence says that the manufacturing costs are currently below $180 per unit.
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2015-12-18
, 16:29
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Posts: 388 |
Thanked: 1,340 times |
Joined on Nov 2007
@ Finland
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#3037
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”So far Jolla as a start-up has been solely carrying the high investment cost of the Sailfish operating system. It has been very challenging to finance this operation. We are now moving into a model where our partners in the BRICS countries, especially in Russia, India and China, will invest in the R&D of local market operations, while Jolla will focus more on the development of the core of Sailfish OS, producing Sailfish software releases, and supporting its licensees & app developers. Further licensing deals will be announced soon," Antti Saarnio continues.
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2015-12-18
, 16:41
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Posts: 7,075 |
Thanked: 9,073 times |
Joined on Oct 2009
@ Moon! It's not the East or the West side... it's the Dark Side
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#3038
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2015-12-18
, 17:01
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Posts: 6,453 |
Thanked: 20,983 times |
Joined on Sep 2012
@ UK
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#3039
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2015-12-18
, 17:12
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Posts: 1,338 |
Thanked: 1,055 times |
Joined on Oct 2009
@ California, USA / Jordan
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#3040
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Tags |
moral hazard, paypal refund |
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