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Tag Archives: revenue
Why Microsoft’s new Office 2013 license may send users to Google Docs
When your PC dies, so does your Office 2013 license. Original post on arstechnica.com Comments on reddit.com
Cable Industry Finally Admits That Data Caps Have Nothing To Do With Congestion
For years, the key rationale given by broadband providers for implementing data caps was that it was the only way they could deal with Original post on techdirt.com Comments on reddit.com
Music Sales Are Just 6% of Average Musician’s Income
For the major music labels the sales of recorded music represent the majority of their revenue, but a different picture emerges when looking at the income of individual musicians. A new survey among 5,000 U.S. musicians of different genres shows that on average only six percent of all revenue comes from recorded music. The research concludes that copyright law mostly affects the revenue of the highest-income musicians in a direct fashion. Original post on torrentfreak.com Comments on reddit.com
Oregon officials propose per-mile tax for gas sippers – Local – Regional News – KPIC CBS 4 – News, Weather and Sports – Roseburg, OR
Oregon state officials are proposing an alternative tax for drivers who have bought efficient or electric vehicles that seldom or never stop at the gasoline pump, where government has traditionally collected money to build and fix roads. Original post on kpic.com Comments on reddit.com
Pirates? Hollywood Sets $10+ Billion Box Office Record
Southwest Airlines announces new fees for bags, early check-in
Looking to increase revenues amid tough competition, Southwest Airlines announced several fee changes Friday, including higher charges for checking a third bag and for failing to cancel a ticket before missing a flight. Original post on latimes.com Comments on reddit.com
Google Revenues Sheltered in No-Tax Bermuda Soar to $10 Billion
Google Inc. avoided about $2 billion in worldwide income taxes in 2011 by shifting $9.8 billion in revenues into a Bermuda shell company, almost double the total from three years before, filings show. Original post on bloomberg.com Comments on reddit.com
Google Apps revenue: $1 billion over the last year
Google (GOOG) isn’t just be a consumer tech company anymore. Unnamed sources have told the Wall Street Journal that Google Original post on bgr.com Comments on reddit.com
AOL: Down so long, it’s starting to look up – MediaFile – Analysis – Opinion
AOL’s revenues haven’t grown since 2005. But the revenues have stopped going down. Rejoice! Its investors are. Original post on reuters.com Comments on reddit.com
HP Alleges Fraud In Autonomy Deal; Takes $8.8B Charge; Shrs At 10-Year Low (Updated)
Hewlett-Packard this morning asserted that there were substantial instances of financial fraud in connection with its acquisition of the software company Autonomy in 2011 for more than $10 billion. The company also reported October quarter profits slightly ahead of Street estimates, but cautioned that January quarter profits will be below consensus [...] Original post on forbes.com Comments on reddit.com
The Most Important Tax Break Is the One That Nobody Talks About – James Kwak
It’s investment income. Original post on theatlantic.com Comments on reddit.com
AT&T revenue, subscriber growth miss Wall Street view
From Yahoo! News: (Reuters) – AT&T Inc posted third-quarter revenue below estimates as it added fewer customers than expected, citing a shortage of the latest Apple Inc iPhone. The company’s profit beat Wall Street expectations and it raised its target for free cash flow for the year as slower customer growth likely helped keep costs in check. The No. 2 U.S. mobile service provider said it had only 151,000 net new subscribers in the quarter, compared with the average expectation for 358,000, according to five analysts contacted by Reuters…. Original post on yahoo.com Comments on reddit.com
Facebook Fought SEC to Keep Mobile Risks Hidden Before IPO
When Facebook Inc. filed its proposal Feb. 1 to go public, it touted the effectiveness of ads linked to customers’ friends, citing research from Nielsen, the audience-counting company. Original post on bloomberg.com Comments on reddit.com
Zynga OMGPOP write-off: up to $95 million, up to $105 million net loss
Zynga’s (ZNGA) $210 million purchase of Draw Something OMGPOP is officially a dud. In Zynga’s latest preliminary financial report, the company revealed Original post on bgr.com Comments on reddit.com
Newspaper Ad Revenue Fell Off Quite A Cliff: Now On Par With 1950 Revenue
It’s no secret that the newspaper industry has been in quite a decline lately. But a graphic put together by econ professor Mark Perry really highlights the massive size of that decline. It shows newspaper advertising revenue adjusted for… Original post on techdirt.com Comments on reddit.com
FedEx says economy is worsening, cuts outlook
FedEx Corp. says the global economy is stalling, and it’s going to get worse next year. Original post on latimes.com Comments on reddit.com
Bankrupt States Listen Up – Colorado Stands to Earn Huge Bucks If It Legalizes Weed – Alternet
The RIAA appears to be dying, tax records show – Digital Trends
The RIAA’s revenue has fallen 44 percent over the two years prior to its most recently filed tax period that ended on March 31, 2011. Original post on digitaltrends.com Comments on reddit.com
RIAA Revenue Dwindles As Labels Cut Back – TorrentFreak
The latest RIAA tax filing shows that the revenue generated by the anti-piracy group has reached a new low. In just two years the membership dues from music labels have been cut in half and have now sunk to below $30 million a year. While the group has 72 employees, payouts to the top two executives including CEO Cary Sherman amount to more than $3 million, some 25% of the total wage bill. Original post on torrentfreak.com Comments on reddit.com
Groupon Posts Mixed Results and Stock Falls – NYTimes.com
Second-quarter revenue came in below expectations and investors focused on slower growth. Shares lost 27 percent on Tuesday. Original post on nytimes.com Comments on reddit.com
uTorrent Becomes Ad-Supported to Rake in Millions – TorrentFreak
With well over 125 million active users a month uTorrent is by far the most used BitTorrent client. Because of its success the software is also the main source of revenue for San Francisco based parent company BitTorrent Inc. It is estimated that the company currently generates between $15 and $20 million in annual revenue but this figure is expected to rise after it was quietly announced that uTorrent will become ad-supported. Original post on torrentfreak.com Comments on reddit.com
Viacom 3Q profit down 7 pct on TV ad decline – Yahoo! News
From Yahoo! News: Viacom Inc., the owner of Paramount Pictures, MTV and Nickelodeon, on Friday said that its net income fell 7 percent in the latest quarter as advertising revenue declined more than expected and its movie releases failed to measure up to last year’s. Original post on yahoo.com Comments on reddit.com
Zynga hit by twin lawsuits after stock carnage – Reuters
SAN FRANCISCO (Reuters) – Zynga Inc was hit by a pair of lawsuits from shareholders accusing the FarmVille creator of failing to warn about declines in user and revenue growth before disastrous results Original post on reuters.com Comments on reddit.com
Facebook’s value slides by $10 billion; outlook unclear – Reuters
(Reuters) – Investors wiped $10 billion off the value of Facebook Inc on Friday, taking the recently listed shares to a new low, after the social network offered no forecast and analysts said mobile investments Original post on reuters.com Comments on digg.com
FB: Summary for Facebook, Inc.- Yahoo! Finance
View the basic FB stock chart on Yahoo! Finance. Change the date range, chart type and compare Facebook, Inc. against other companies. Original post on yahoo.com Comments on reddit.com
Social Media Revenues To Reach $16.9B In 2012; Ads Remain Leading Driver At $8.8B, Predicts Gartner – TechCrunch
For those of you who get frustrated with the idea that in many social networks, you are not just a user but also a product, prepare to grit your teeth a bit more: a new forecast out from Gartner notes that advertising will remain the main way that social media services make money. The analysts predict that this year social media revenue will generate $16.9 billion in revenues, with more than half of that, $8.8 billion, to come from advertising. The estimates are coming out on the same day that social gaming giant Zynga is reporting earnings, and days before Facebook posts its results. That $16.9 billion figure represents a rise of 43 percent over last year, when social media services like Facebook, Spotify, Twitter and more generated $11.8 billion in revenues. While sales will continue to grow at fast clip, however, Gartner notes that the user base of social media services, now numbering at over one billion users, will only grow at a Original post on techcrunch.com Comments on digg.com
Apple blames quarterly miss on new model anticipation, economy – Yahoo! Finance
From Yahoo! Finance: Apple Inc’s results fell short of Wall Street’s expectations as the European economy sagged and consumers held off on buying its flagship iPhone ahead of a new version expected in the fall, hitting its… Original post on yahoo.com Comments on reddit.com
Apple Q3 2012 earnings analysis: Revenue growth slowed fast
Yes, spring is a slow period for Apple (AAPL) and its fiscal third-quarter results reflected that. It was that way last year as well because the new iP Original post on bgr.com Comments on reddit.com
Vodafone Q2 2012 earnings analysis: Spain is having a mobile meltdown
Last Friday, the world’s largest mobile carrier, Vodafone (VOD), reported disappointing second-quarter numbers. While its own share price decline was Original post on bgr.com Comments on digg.com