Struggling internet old guard AOL saw revenue and profits plunge in its first quarter, the company reported yesterday. It said sales plummeted 23 per cent in Q1 to $664m. Ad revenues fell by 19 per cent to $354.3m, and subscriptions dropped 28 per cent to $282.7m. Net income nose-dived 58 per cent to $34.7m for the first …
Gotta love the driods....
We knew we'd do shit, hopefully next 1/4, we won't be quite so shit.
Looking forward to seeing AOL's profits diver to zero and staying there.
AOL has revenue?
Yeah. Amazing, isn't it.
Mind you, a friend of mine still has (and uses) an @compuserv address. I feel like I'm time-travelling whenever I need to contact him.
(Says the bloke who still has his @cix address.)
User kicked for scrolling :P
Outsources anit-spam/security teams and suddenly large numbers of customers are getting accounts hacked - indian droids just tell them to reset their passwords - customers very unhappy.
I give AOL
two years before they hit rock bottom.
lots of love,
ex-AOL customer xxx
I had an AOL account once.
But just the three months free subscription while I found a decent ISP. The "user experience" was dire.
Serves them right
They were the 'internet for dummies' ISP of the 90s. Then they started charging craploads for their service, which was the worst of the "extra value networks" (Compuserve, Prodigy and such). It only survived as much because most of the rural US didn't have broadband... as soon as broadband came, AOL users left in droves.
Oh, and don't forget their 'free trials', where you would be unable to cancel and your credit card would get charged on day 31.
Had a AOL "Customer" once tell me their internet down,
As able to prove (with Know good router) that their AOL router was faulty (mine worked on their line!!)
Was they / I able to get new router out of AOL? Alas no!
The phone was ace though! worked for hours!
the legacy will live on.
Unfortunately the "Army Of Lamers" who were their customers are still around.
- Infosec geniuses hack a Canon PRINTER and install DOOM
- Feature Be your own Big Brother: Monitoring your manor, the easy way
- Boffins say they've got Lithium batteries the wrong way around
- In a spin: Samsung accuses LG exec of washing machine SABOTAGE
- Phones 4u slips into administration after EE cuts ties with Brit mobe retailer