The loss of a major customer together with a continuing reduction in order levels at a time of declining demand within the UK printing industry have adversely affected the company.
Less spectacular -- but as important to ordinary people's feelings of security -- is the perceived deterioration of public order: declining schools, rising welfare rolls and foiled terrorist attacks.
The falling prices are forcing all manufacturers to put more effort into improving their manufacturing technology and module efficiency in order to get back ahead of the rapidly declining cost curve.
By changing to product segment reporting going forward, but not providing this information for the period just ended, we believe management is intentionally emphasizing declining PC sales in order to justify its inadequate buyout price.