Cree $10 LED bulb 'biggest thing since lightbulb;' lights up shares -TechWire Insider

Updated Mar. 6, 2013 at 6:25 a.m.

Cree $10 LED bulb 'biggest thing since lightbulb;' lights up shares

Cree touts new bulb vs. traditional lightbulb Image 1 of 2 · Next Image…

By RICK SMITH, WRAL Tech Wire Editor

Tags: Green Energy, Cleantech, Cree, Opinion Analysis, Venture & Innovation

Research Triangle Park, N.C. — Cree Chairman and CEO Chuck Swoboda is in New York City today briefing analysts on what could be the breakthrough event for the Durham company in the consumer lighting market: A long-lasting LED bulb that costs $10. The news excites investors as Cree shares jump 7% in pre-market trading and finished up 14.4 percent for the day in heavy trading....

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At least we now have an alternative to the stupid CFLs that are imposed on us by the gov't.

anonymous
March 5, 2013 12:17 p.m.

I think if the average person counted up how many light bulbs they actually have, it would take way longer than two years for the payback. I have well over 50 and stopped counting and I live in a average size home. Lamps overhead lights, bathrooms, closets, ceiling fans, appliances, porch lights. There are a lot of them!

Chris Perdue
March 5, 2013 9:12 a.m.

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