Results 1 to 11 of 11
  1. #1
    Administrator
    Join Date
    Mar 2001
    Location
    St Louis, Missouri, USA
    Posts
    23,579
    Thanks
    5
    Thanked 1,057 Times in 926 Posts

    Symantec hikes prices

    See Symantec quietly hikes Norton renewal prices | CNET News.com. Pretty substantial increases.

    Joe
    Joe

  2. #2
    3 Star Lounger
    Join Date
    Aug 2004
    Location
    Saco, Maine, USA
    Posts
    293
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Re: Symantec hikes prices

    What more can one say? These hikes will add $250 MILLION dollars to the Symantec coffers, according to the article. Well, they lost me as a regular customer several years ago, and I've been quietly persuading my clients to go with other alternatives since then. In the long run, my efforts won't hurt Symantec, but if all of the Loungers who are unhappy with either Symantec's products or their renewal cost switched brands, and persuaded their customers to do the same, it might get someone's attention. Who knows?

  3. #3
    Silver Lounger
    Join Date
    Mar 2001
    Location
    Dallas, Texas, USA
    Posts
    1,680
    Thanks
    0
    Thanked 1 Time in 1 Post

    Re: Symantec hikes prices

    I don't know if Symantecs products are any better than their competitors or any better than the lot of free products available from the web [I'm sure that could stir up hours of debate without an agreeable conclusion], but I think that a $5 increase to renew my A/V seems appropriate. It would certainly take more than $5 worth of my time to learn a new product. So for now, I will stick with 'em.

    As far as the 250MM is concerned, it should be noted that Symantec has an obligation to maximize the return on investments for their shareholder, an obligation to pay the management and employees well, an obligation to provide competitive benefits to their employees [so as to retain them] and an obligation to fund R&D so that they may remain competitive in the future. To accomplish all these things, a company has to cut costs or raise prices [or a combination of the two]. In the end, the consumers will decide if Symantecs price increase was a good idea. The free-market system works!

    If we stopped using products every time there was a price increase, we'd all be living in teepees and walking to work. At last look, the price of housing has been rising every year. The price of automobiles have increased every year, along with the price of haircuts, shoes, furniture, fuel, theater tickets, education and a bucket of Kentucky Fried Chicken!

    <img src=/S/cheers.gif border=0 alt=cheers width=30 height=16>
    - Ricky

  4. #4
    5 Star Lounger
    Join Date
    Jul 2004
    Location
    Ohio
    Posts
    629
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Re: Symantec hikes prices

    i think its called inflation <img src=/S/scratch.gif border=0 alt=scratch width=25 height=29>
    <img src=/w3timages/blueline.gif width=33% height=2>
    <big>John</big>

  5. #5
    Silver Lounger
    Join Date
    Mar 2001
    Location
    Dallas, Texas, USA
    Posts
    1,680
    Thanks
    0
    Thanked 1 Time in 1 Post

    Re: Symantec hikes prices

    <img src=/S/munch.gif border=0 alt=munch width=19 height=17> <img src=/S/bullseye.gif border=0 alt=bullseye width=45 height=15>
    - Ricky

  6. #6
    Administrator
    Join Date
    Mar 2001
    Location
    St Louis, Missouri, USA
    Posts
    23,579
    Thanks
    5
    Thanked 1,057 Times in 926 Posts

    Re: Symantec hikes prices

    Inflation is one thing but 20% to > 30% increases at once seem a bit much. Looks a lot like Symantec is trying to squeeze as much revenue as possible before MS enters the game for real.

    Joe
    Joe

  7. #7
    5 Star Lounger
    Join Date
    Jul 2004
    Location
    Ohio
    Posts
    629
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Re: Symantec hikes prices

    but, how long has it been since they last raised their prices?
    <img src=/w3timages/blueline.gif width=33% height=2>
    <big>John</big>

  8. #8
    Administrator
    Join Date
    Mar 2001
    Location
    St Louis, Missouri, USA
    Posts
    23,579
    Thanks
    5
    Thanked 1,057 Times in 926 Posts

    Re: Symantec hikes prices

    Length between price increases is usuaully not relevant in todays environment. Unless you have monopoly power or everyone else is doing the same (see healthcare costs), it is very difficult to raise prices to cover all cost increases much less 20% or more. I suspect most people will just shrug it off and say it is only $5 or $10 without looking at the percentage increase.

    Joe
    Joe

  9. #9
    5 Star Lounger
    Join Date
    Jul 2004
    Location
    Ohio
    Posts
    629
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Re: Symantec hikes prices

    i just meant maybe they forgot about inflation for the past few years and decided it was time to catch up! i would think that is a justifiable answer if people did ask (like me <img src=/S/grin.gif border=0 alt=grin width=15 height=15>)
    <img src=/w3timages/blueline.gif width=33% height=2>
    <big>John</big>

  10. #10
    3 Star Lounger
    Join Date
    Aug 2004
    Location
    Saco, Maine, USA
    Posts
    293
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Re: Symantec hikes prices

    >>
    DON'T buy Norton Ghost if you want a dependable product that you can always count on!

    I respectfully disagree. Both Ghost 2003 and Ghost 9 have always worked well for me. As to the other aspects of your post, Symantec could possibly solve a lot of their corporate problems by simply giving the reins of the company back to Peter Norton. At the very least, he'd straighten out their software issues.

  11. #11
    5 Star Lounger ibe98765's Avatar
    Join Date
    Aug 2001
    Location
    Bay Area, California, USA
    Posts
    966
    Thanks
    19
    Thanked 4 Times in 4 Posts

    Re: Symantec hikes prices

    Edited by Charlotte for <!rule=11>Rule 11<!/rule>

    Symantec CEO trying to brave rough waters

    Unfortunately, the CEO has dropped earnings growth guidance down to 8% for 2006. Investors are selling off the company as they were expecting 35% revenue growth after the merger with Veritas. So they are desperately looking for ways to generate more revenue.

    Support is from India and sucks. I've been going back and forth with support for months now on intermittent errors with my one Symantec product, Norton Ghost 9. Usually, it works, sometimes it doesn't. The only way you find out it didn't is to do a VERIFY after each image backup. This will generate an error message in the Windows event log, otherwise you won't know that the backup didn't work. And of course, when you need to do a restore, Murphy's law being what it is, the back up you need will be the one that didn't verify. Happened to me. Now they have a release 10 of Ghost. Has anyone at their support center informed me of this release or perhaps offered to upgrade my copy for free after all the problems I've had with release 9? Nope... <img src=/w3timages/censored.gif alt=censored border=0>

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •