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Discover LudwigExact(9)
Separately, Volkswagen predicted a decline in earnings and revenue as the recession continued to erode sales.
Akzo is facing a slump in profit as cheaper generic drugs erode sales of its antidepressant Remeron in the United States, with second-quarter sales falling 74percentt.
The demand for new technology, like notebook PC's and MP3 players, is expected to continue to erode sales of older products, like desktop computers and CD players.
In truth, the largest publishers of physical books want to keep e-book prices high — on a par with physical books — so they do not radically erode sales of physical books or eliminate them from the marketplace altogether.
This type of economic climate threatens to erode sales revenue abroad as consumers spend less.
Competition can quickly erode sales and profit margins of generic drugs, so companies such as Lannett rely on a steady stream of new-product launches.
Similar(51)
Tech industry executives are divided over the degree to which Apple's tablet computer is eroding sales of traditional PCs.
The company, which operates 44 used-car lots, said newer stores were eroding sales at existing outlets more than expected.
If Verizon remains a traditional telecommunications company, it is likely to face years of eroding sales and slumping profits.
Demand for compact cameras is shrinking as consumers shift to smartphones, while stretched budgets among customers in Europe have eroded sales of Canon's office printers.
Does it make sense to combine two booksellers with eroding sales and growing competition from the likes of Amazon.com and now Google?
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