Shares in computer distributor Renaissance Corporation have tumbled after the company announced today the immediate loss of exclusivity of distribution rights for Apple products including the hugely popular iPod.
Renaissance shares slumped 12 cents to 58c on the news.
The changes to Apple’s New Zealand supply agreements had been foreshadowed last year, but were spelt out by Renaissance today – including likely falls in sales and profits from distribution of Apple goods.
10 years after last dealing with them in any major form, my hatred still burns strong. nuke ’em from orbit! i’m shocked they lasted this long.
to elaborate, company i worked for had a huge number of schools pretty much locked in to buying from us in the late 90’s. at the time, ren were the only place in town to get compaq gear at academic pricing.
as you’d expect, they pushed HARD to get in. massive pre-sales support, sending reps out to help with presenting to principals/board, loaner/demo equipment, the lot.
yet the problem we struck was as a small business (3 guys plus admin lady), was that our school rollouts were quite intensive. huge amounts of software to install and config, big physical rollouts, and then professional development for the staff. now of course, we couldn’t invoice until it was ALL done, pushing us out past normal 30 day credit terms. as a small business, we simply didn’t have the kind of cashflow to carry a 100-150k worth of invoice.
everyone else, including places like tech pac/ingram were more than happy to bend over BACKWARDS, 60, 90, 120 days, whatever you like. they realised that all our clients (and not just us, other companies in our market) were getting in at ground level in an area where clients were going from NO IT system to a full on ground up solution. they WANTED their brands in there from the start. hell, we had canon throw down 30 bubblejets once for one single client, just because they wanted them to like them and come back when their photocopier lease rolled over.
now we don’t expect our business to be propped up by another, but we (and others) were developing a client purchasing and skill base from NOTHING. most of my old clients (including my current school) started buying anywhere from 6 to 50 PC’s, and are now rolling over anywhere from 70 to 250 on 3 yearly cycles. sure, that may be a drop in the bucket compared to corporate accounts…..but hey, whatever.
see, yes, i am bitter actually! how overjoyed we were the day news came down that tech pac would now be doing compaq academic. we took great pleasure in ringing our account manager, canceling the order for 30x 2.5k desktops and 30 x 3.5k laptops we had just faxed through about 2 hours prior and telling them to fuck off.
even tho i’m not in that game anymore, i feel the same joy today! :>
it’s rubbish and i’ve had more than enough.
just went for a drive with the aircon on full blast, stepping out at the gas station was awful, as you felt the thick, moist air envelop you, steaming up the glasses and all.
UGH. it’s rubbish and something must be done about it.
start > run > net stop "automatic updates"
don’t you just wish they could go on and on and on and on and on? still got a while to go myself, but already i’ve drunken too much, eaten too much, sunbathed too much and so on a so forth.
beachwise, so far i have hit: Te Haruhi Bay
here, i got badly sunburnt on my back because i am an idiot 🙂 myself, ele, kate, damien and pete made the trip, was awesome weather and super warm, calm water.
and today, Karekare
myself, tony g, ellie, sayra, ele, kate, amber, felix, rach and ben made the trek. oh and kaiser. then we went back to ele’s and dominated $55 worth of traditional kiwi fish n chips. and picked up a few strays in the form of dalai and mr and mrs page.
for those unaware, karekare is a west coast beach just to the south of piha, a spot even many aucklander’s don’t even know exists, let alone have actually gone to. famous as the primary location of the film The Piano, Karekare holds (like piha, and the rest of auckland’s west coast beaches) a very special place in my heart. i’ve spent so much time there as i’ve grown up, i can’t bare the thought of not going out there.
auckland’s west coast beaches are places of such immense scope, natural beauty and power, that i love going there even in the depths of winter. hell, i’ve scaled lion rock and sat with my feet dangling over the forbidden cliffs edge in the middle of a storm. sitting listening to meters high waves crashing unseen below you because of the fog is quite something to behold. there’s something very spiritual about the area to me, a combination of legend, real history and personal experience.
for me, nothing can beat the feeling of being there, no matter what the weather. weak willed types who never grew up with it may complain about the hot black sand, the tough and sometimes deadly surf, the dangerous and long drive, the lack of parking and amenities, but for those who grew up in west auckland, it’s a place that just can’t be beat. hot black sand? not so bad, it’s hot everywhere anyway. deadly surf? that’s not deadly, it’s exciting! long drive? pffft, can be done in 20 mins from the western ‘burbs. fuckin LOVE it.