By Lisa Johnston
New products on display at the American International Toy Fair, held in N
Chicago - Cobra Electronics reported higher net and operating income in the fourth quarter of 2013.
Net income was $1.9 million for the fourth quarter, compared with net income of $1.4 million in the prior year.
Operating income for the quarter was $1.8 million for the current quarter, compared with operating income of $1.4 million in the same quarter last year. These results reflected a decrease in selling, general and administrative expense that was partially offset by slightly lower net sales and gross margin, Cobra said.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.
Hauppauge, N.Y. — Audiovox Electronics launched two OEM radio camera interface products, marking its entry into the market.
The TYRVCH for Toyota and the MZRVCH for Mazda are part of the company’s Advanced Accessories line and will be sold under the Advent brand, which is exclusive to new car dealers and expeditors, Audiovox said.
Tampa Bay, Fla. — iSimple has launched its SwitchPlay cable, meant for use with rear-seat entertainment systems.
Designed to work with 30-pin iPods, iPhones and iPads, the SwitchPlay (IS7603) lets users switch video playback between their Apple device and the vehicle’s display screen using a button on the connector. Suggested retail is $54.95.
It was built in conjunction with Stinger Electronics, and iSimple said the cable will install easily in most vehicles. The SwitchPlay also supports battery charging (2.1 amps at 5 volts) for most Apple models.