CFA Society Singapore
SINGAPORE (Sept 27): Creative Technology was third on the Top 20 Gainers list this morning, rising 23 cents or 3.7% to $6.45 with 1 million shares traded.
In a filing last night, Creative boasted it sold 600 units of its newly-launched Super X-Fi amp headphone amplifier in the first 20 minutes after its sxfi.com online store went live at 6.34pm on Monday.
Priced at $219 including tax, Creative CEO and co-founder Sim Wong Hoo said he was “truly blown away by the initial whirlwind sales reaction to the launch”.
“The confidence that folks out there have in the revolutionary Super X-Fi technology is truly heartening,” said Sim, “And the sales period took place in the evening when people were busy commuting home from work.”
Worldwide delivery the Super X-Fi amp is expected to commence in November.
Year to date, shares in Creative are up 486% to $6.45.