Business Quote by Colin Angle
“Our 2015 financial performance will continue to be driven by our Home Robot business. Home Robot revenue is expected to grow 10% to 12% in 2015 and comprise 90% of total company revenue.”
About This Quote
Source Company Report: 2015 Financial Outlook, iRobot, 2015
The company's future earnings depend heavily on the Home Robot segment, expected to grow double‑digit and dominate revenue.
In simple terms: Home Robot sales will drive most of the company's income.
Focus on expanding Home Robot market share.
Themes
Mood
Type
When to use this quote
- annual budgeting
- product development
- investor presentations
Key Concepts
Questions to Reflect On
- How can the company mitigate risk of over‑reliance on one segment?
- What alternative growth areas could be explored?
Relies on a single product line, risking vulnerability if market shifts.