1C in crisis
One of the leaders of the Russian software industry has seriously suffered from the crisis. For the first four months of 2009, 1C revenue fell by 14% in rubles and by 39% in dollars, writes Vedomosti.
Absolute numbers are not disclosed, but they can be judged on the basis of last year's 1C results, which also suffered because of the bad ending of the year. The company's revenue grew by only 8% to $ 406 million, although in 2007 this figure almost doubled.
Sales of multimedia and gaming products suffered the most from the crisis: they even fell in rubles by 32%. Revenues from the distribution of foreign software decreased by 31% mainly due to falling sales of operating systems and office applications. The director and main co-owner of 1C, Boris Nuraliev, explains this with distribution problems: retail chains, which now find it difficult to attract loans from banks, are in no hurry to pay their suppliers. Incidentally, other companies have noted similar problems with working capital among sellers, including ABBYY (its retail sales fell by 48%).
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According to independent analysts, the problem is really different: in modern times, people are just starting to save on entertainment and, instead of boxed versions, download games from torrents.
Absolute numbers are not disclosed, but they can be judged on the basis of last year's 1C results, which also suffered because of the bad ending of the year. The company's revenue grew by only 8% to $ 406 million, although in 2007 this figure almost doubled.
Sales of multimedia and gaming products suffered the most from the crisis: they even fell in rubles by 32%. Revenues from the distribution of foreign software decreased by 31% mainly due to falling sales of operating systems and office applications. The director and main co-owner of 1C, Boris Nuraliev, explains this with distribution problems: retail chains, which now find it difficult to attract loans from banks, are in no hurry to pay their suppliers. Incidentally, other companies have noted similar problems with working capital among sellers, including ABBYY (its retail sales fell by 48%).
')
According to independent analysts, the problem is really different: in modern times, people are just starting to save on entertainment and, instead of boxed versions, download games from torrents.
Source: https://habr.com/ru/post/59671/
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