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  • Replies 12 replies
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RS Components press release mentions RPi

Former Member
Former Member over 13 years ago

RS Components issued a press release today:

 

http://www.electrocomponents.com/media/press-releases/2012/07/13th/

 

saying

"In the first quarter Group sales were at a similar level to last year.

The International business declined by 2% and the UK grew by 5%;

2% of which was accounted for by Raspberry Pi (1)."

 

Their first quarter ended 30 June 2012.  It isn't clear to me when

they say "2% of which" whether they are referring to 2% of UK sales

or 2% of worldwide sales.  If we assume it means worldwide sales,

then we can do some sanity checks.

 

They don't say what quarterly worldwide sales were,

other than similar to last year, and I don't see last year's

quarterly sales either.   Annual sales for 2012 were reportedly

£m  1,267.4, so dividing by 4 gives an estimated quarterly

sales of £m 317, and 2% of that is  £m 6.3 in RPi sales.

Dividing by an estimated £22.5 per unit gives an estimated

282000 units, which seems a little high to me.  So maybe the

2% means 2% of UK sales, since RPi sales seem to be more

concentrated in the UK.

 

They don't say what their RPi profit is, unfortunately, but their

annual report says their gross margin was 46.8% in 2012.   I think

RPi gross margin is much lower than that, so RPi probably accounts

for much less than 2% of worldwide profits.

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  • morgaine
    morgaine over 13 years ago

    Both Farnell and RS are (ballpark) billion-dollar companies, Premier Farnell quoted at just under a billion revenue and RS's parent Electrocomponents at just over a billion.

     

    In the context of a ballpark $1bn pa., Raspberry Pi is just petty cash, totally hidden in the noise.  Even if they each manufactured 1 million Pi boards and each one cost a full $35 to make, that would still constitute only $35m and the expenditure wouldn't even make a noticeable blip on their revenue charts.

     

    These are huge companies each dealing with an immense product range, and we're in danger of overblowing the direct dollar significance of Pi to either of them.  Until Pi gets into education and many millions of Pi get shipped, it's all just petty cash.

     

    Morgaine.

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  • Former Member
    Former Member over 13 years ago in reply to morgaine

    and the expenditure wouldn't even make a noticeable blip on their revenue charts.

    True. Why then do RS feel the need to mention it ?

    These are huge companies each dealing with an immense product range,

    I think we'll have to disagree on what a huge company is, when they get to 10x their current revenue I'll entertain the notion. Get to 100x and I'll agree.

    and we're in danger of overblowing the direct dollar significance of Pi to either of them.

    Not sure we're overblowing it. I'm sure we all realise that the Pi is insignificant in terms of their overall revenue and profit.  Keeping that in mind, I still think it's significant that RS chose to mention it.

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  • Former Member
    Former Member over 13 years ago in reply to morgaine

    and the expenditure wouldn't even make a noticeable blip on their revenue charts.

    True. Why then do RS feel the need to mention it ?

    These are huge companies each dealing with an immense product range,

    I think we'll have to disagree on what a huge company is, when they get to 10x their current revenue I'll entertain the notion. Get to 100x and I'll agree.

    and we're in danger of overblowing the direct dollar significance of Pi to either of them.

    Not sure we're overblowing it. I'm sure we all realise that the Pi is insignificant in terms of their overall revenue and profit.  Keeping that in mind, I still think it's significant that RS chose to mention it.

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  • morgaine
    morgaine over 13 years ago in reply to Former Member

    selsinork wrote:

     

    True. Why then do RS feel the need to mention it ?

     

    Because it's totally brilliant corporate PR.  It costs them next to nothing, puts them in an exclusive club, and gives the kind of people at whom corporate statements are targetted a warm glow. image

     

    selsinork wrote:

     

    Parts shortage or capacity is being allocated to more profitable things ?

     

    That I don't know, and I can't see how to guess validly.  Although it's possible to speculate about LAN9512 or BCM2835 shortages, I doubt we'll ever see any relevant figures.  It may be possible to get some idea by a process of elimination though.

     

    Nothing else on the board seems likely to create component shortages, unless it's the CSI/DSI connectors.  I doubt it though, because passives don't generally have long lead time blockages, and there are usually multiple sources of supply.

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  • jamodio
    jamodio over 13 years ago in reply to morgaine

    If people are not really craving for a Raspberry Pi, I'd recommend them to be patient and what wait until you see them for sale in large numbers on eBay, the number of listings increases every day.

     

    -J

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  • Former Member
    Former Member over 13 years ago in reply to jamodio

    Ha.... I'm craving, craving, slobber, slobber........ Mine will arrive some day for sure!

     

    In the meantime there's an Olimex iMX233-OLINUXINO-MAXI going for £44.95 on ebay against the £50-60+ for the various Pi's on offer.

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  • morgaine
    morgaine over 13 years ago in reply to Former Member

    len3805 wrote:

     

    Ha.... I'm craving, craving, slobber, slobber.....

     

    You want craving?  Here's craving, courtesy of John's eagle eye yesterday ... http://www.hardkernel.com/renewal_2011/products/prdt_info.php?g_code=G133999328931

     

     

    image

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  • Former Member
    Former Member over 13 years ago in reply to morgaine

    and yet still usb ethernet.  What's SMSC's secret ?  They seem to have everyone using these LAN95xx devices.

     

    Other than that, very nice SoC.

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  • Former Member
    Former Member over 13 years ago in reply to morgaine

    even has a metal SD card holder, just like the RPi alpha & beta boards.

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