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article imageCreative, Losing Share to IPods, Has $21 Million Loss

By Bob Norman     Oct 31, 2006 in Business
Creative Technology Ltd. reported its third straight quarterly loss after its music players were outsold by Apple Computer Inc.'s iPods 23 to one in the U.S.
Chief Executive Officer Sim Wong Hoo gave up trying to topple Apple as the market leader and in August said it would receive $100 million from the bigger rival to end patent disputes.
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