Question-and-Answer Session
Operator
(Operator Instructions) We’ll go first to Mike Olson with Piper Jaffray.
Michael Olson - Piper Jaffray
Good morning. A couple of quick questions; first, Blu-Ray in the PCs, obviously going to be a major driver for Corel and a few other companies. What’s your take on the timing of when we are going to see material adoption of Blu-Ray drives in PCs?
Kristof Hagerman
I think we’ve said for a while that it’s probably a second half driver as opposed to a first half driver and we would stand by that. The discussions that we’ve had with our OEM partners confirm that Blu-Ray is a higher and higher priority for them and they’ve got a clear focus on it, but there’s an adoption curve issue and that’s just going to roll out over time. So we see the adoption growing. You know, the percentage of our WinDVD revenue that’s associated with Blu-Ray has continued to grow in the last couple of quarters in a nice, consistent pattern, but it’s not going to come as a windfall. It’s going to be a slow, steady build.
Michael Olson - Piper Jaffray
Okay, and then just on that number that you just mentioned, I think last quarter it was 4%, Blu-Ray was 4% of WinDVD revenue. Can you give us any indication what percent of WinDVD revenue was Blu-Ray in Q2?
Kristof Hagerman
No, I think -- what we’re looking at is just a continued improvement. We’re not going to break out sort of specific percentages.
Michael Olson - Piper Jaffray
Okay, so it’s higher than last quarter?
Kristof Hagerman
It is higher than last quarter.
Michael Olson - Piper Jaffray
Okay. And as far as emerging markets growth, you said it was 40%. What percent of revenue is emerging markets now?
Douglas McCollam
It’s growing to about -- in the teens at this point, Mike.
Michael Olson - Piper Jaffray
Okay. And then just one last one -- what’s driving the WinZip growth? I’m surprised that you are seeing double-digit growth there.
Kristof Hagerman
Well, some of the OEM relationships that we already have in place on the standard definition side have really kicked into high gear, with some of the models, they are shipping just seeing growth that not only exceeded our expectations for that particular OEM but exceeded their own expectations.
So you know, one of the things that’s kind of interesting about the OEM market is you are never quite sure when you load your products on to certain models from certain manufacturers which ones are really going to take off and which ones aren’t.
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