The paper "Financial Management - Logitech International " is a perfect example of a finance and accounting case study. Logitech International is registered with symbol LOGN in the SWX Swiss Exchange as a Swiss public company. In the NASDAQ, it trades by the symbol LOGI. It was also added to the NASDAQ-100 Index in January 2007. The company is a world leader in consumer electronics and personal peripherals. It is one of the most innovative companies which is striving hard to provide its consumers an experience of newer technologies and innovative ideas in digital music, PC navigation, home entertainment controls, internet communications, gaming and wireless devices.
Thus the products of the company are being appreciated and liked by the consumers due to their innovations, beautiful designs and value for money. 89 percent of its revenue comes from its retail process. The company initially benefited from the easy accessibility of computers and their popularity among new users who enhanced their basic desktop PC systems with more features that add functionality and provided them with personalized settings. And now the latest trend amongst PC users to utilize their desktops for gaming, listening to music, multimedia or CD/DVD popularity and internet communication using webcams, etc.
is proving beneficial to the company. With more and more consumers opting for laptops and palmtops, the demand fr PC peripherals are increasing day by day leading to growth in companies like Logitech. Logitech has come out with specially designed peripherals, such as mice, speakers, webcams, headsets, headphones and notebook stands for laptop users at home or on road, or at the office. They also provide personal peripherals for other digital items such as gaming consoles, portable music players and mobile phones, etc.
They have fully utilized the newer technologies such as wireless to offer a range of wireless devices such as a mouse, keyboards, presentation devices, headphones, gaming controllers and streaming music systems.