Summary:

These days it is quite fashionable to get into the consumer electronics business. If you own some kinda brand, you want to take cheap Mp3 players coming out of Asia, slap your sticker on it, and sell it to the digital hordes who are craving new […]

These days it is quite fashionable to get into the consumer electronics business. If you own some kinda brand, you want to take cheap Mp3 players coming out of Asia, slap your sticker on it, and sell it to the digital hordes who are craving new look devices. While that sounds well and good, it seems things don’t usually turn out that way. Virgin Electronics, the consumer electronics division of Virgin apparently has decided to call it quits, and virgin_x.htm”>had bragged back in the day. Oops. The idea was to take on Apple’s IPod. Virgin’s example shows that while its easy to get into the CE business, making money is a whole different thing. I think this is the first major brand calling it quits. IPod has struck again!

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