Strata-gee.com

Strategy in TECH...

You are here: Home / Archives for Sonos

Sonos

Music System Sales Sagging, Sonos Un-Leashes Lawyers to Raise Revenues

by Leave a Comment

BREAKING NEWS

Sonos system photo

Strata-gee reported just yesterday that Sonos, Inc. has sued Lenbrook Industries Ltd. & Lenbrook America – the maker & marketer of Bluesound – for patent infringement. Undoubtedly emboldened by their near-complete victory over Denon’s HEOS brand a little over a year ago, Sonos appears to have targeted Lenbrook to be next in line.

However, Strata-gee has learned that Lenbrook is not the only company targeted for such potential actions by Sonos. There are more – perhaps many more – in our industry lined up for this “hit” parade.

See what Strata-gee learned about Sono’s legal strategy…

[Read more…] about Music System Sales Sagging, Sonos Un-Leashes Lawyers to Raise Revenues

Denon Defeated, Sonos Sics Lawyers on Lenbrook

by Leave a Comment

Sonos logo

On Thursday last week, Sonos, Inc. (NASDAQ: SONO) filed another patent infringement lawsuit, this time against Lenbrook Industries Limited and Lenbrook America Corp. At issue here is Lenbrook’s Bluesound brand launched back in 2013 to great fanfare as Strata-gee reported on at the time…and also discussed here…and which Sonos claims infringes on multiple Sonos patents.

See more on the Sonos suit vs Lenbrook…

[Read more…] about Denon Defeated, Sonos Sics Lawyers on Lenbrook

Sonos Intros New CFO and Stock Drops Again

by Leave a Comment

Sonos logo

Last week Sonos (Nasdaq: SONO) announced a new CFO to replace current CFO Mike Giannetto, whose retirement was unexpectedly announced almost as an afterthought in a February report of Q1 fiscal results. Late in the text associated with those results, CEO Patrick Spence, in an almost casual fashion, thanked Ginnetto for his service and told investors the CFO was retiring…a total surprise to the market. Sonos stock dropped double digits…and dropped even though the company had reported a record first quarter. (Read my report to see troubling signs within the ‘record’ Sonos quarterly report…)

New CFO intro & Sonos stock drops again…

[Read more…] about Sonos Intros New CFO and Stock Drops Again

Sonos One to be Replaced with Upgraded ‘Gen 2’ Version

by 2 Comments

Photo of Sonos One in white finish

Thanks to some heads-up reporting by The Verge, we learn that Sonos will announce an upgraded version of their Sonos One speaker system. According to the report, the upgrades are all internal and the new version will, somewhat confusingly, look exactly like the original one.

See more on the ‘new’ Sonos One…

[Read more…] about Sonos One to be Replaced with Upgraded ‘Gen 2’ Version

Sonos Reports Record Fiscal Results – Stock Immediately Tanks Double Digits

by 3 Comments

Sales Up, Profits Up…What’s Not to Like?

Sonos logo

In what is becoming a bit of a familiar refrain in tech these days, including our report just yesterday on Control4’s results, Sonos reported record results for their fiscal first quarter on Wednesday. The company beat analysts’ expectations for revenues ($496 million vs. $491M expected) and for earnings ($0.55/share versus $0.41 expected). And yet, their stock tanked fully 17% after the announcement. Not only that, but as of 11:00AM today, Sonos stock is down another more than 13%.

What went wrong for Sonos in this positive announcement?…

[Read more…] about Sonos Reports Record Fiscal Results – Stock Immediately Tanks Double Digits

Sonos Gets Serious about Integration with Amp

by Leave a Comment

Partners with Sonance; Expands Developers; Opens Up API

Sonos Amp on white bgSonos announced a new product today called Amp. Amp is essentially everything Sonos offers for wireless powered speakers…for a normal wired passive speaker system. This opens the door to allow the integration of a wide range of third-party speakers into the Sonos ecosphere. But Sonos views Amp as much more than that – as the heart and start of integrating Sonos into a sophisticated smart home installation.

In short, Sonos is getting serious about custom integration… [Read more…] about Sonos Gets Serious about Integration with Amp

CE Week Panel: The Future Will Be Lead by Smart Speakers

by Leave a Comment

CE Week logoOne of the more interesting conference panels that took place at CE Week last week in the Jacob Javitz Center in Manhattan was a panel called, “Listening in the Living Room: How Smart Speakers are Striving to Be the Next Great Planform.” This panel featured Gary Schultz, Director, Business & Product Development, SDI Technologies Inc, the parent company of iHome and Andrew Vloyanetes, Sonos’s sales manager. The panel was moderated by John Quain, a contributor to The New York Times.

Some of what this panel had to say was in line with what you might expect – they are both pretty high on smart speakers and the category’s conjunction with voice control.

But there were some other interesting tidbits that emerged… [Read more…] about CE Week Panel: The Future Will Be Lead by Smart Speakers

Sonos v. HEOS – War is Over, Peace Has Come

by Leave a Comment

hippie family w/peace signOn Friday last week, we learned that Sonos and D&M Holdings have settled their litigation, first begun in October 2014. Although the terms of the settlement are confidential, all actions taken by each party are now moot.

It is likely that the parties now enjoy some form of licensing arrangement that put all adversarial issues behind them.

See more on what we know about the end of the Sonos and D&M patent war… [Read more…] about Sonos v. HEOS – War is Over, Peace Has Come

Sonos Cuts Nearly 100 Employees or 6% of Staff

by 7 Comments

BREAKING NEWS

Sonos logoSonos Inc. confirmed late yesterday that it has cut 6% of its staff, or 96 employees, just days before a highly anticipated public offering expected as early as next month. The cuts are said to have been across all department and at all levels.

See more on what we know about the Sonos staff cuts… [Read more…] about Sonos Cuts Nearly 100 Employees or 6% of Staff