AOL continued to struggle to sell online ads in the company's fiscal fourth quarter. The ailing internet firm reported today that its total ads revenue tumbled to $331.6m for the period ended 31 December 2010. That's down 29 per cent on the same period a year earlier, when AOL pulled in $468.6m. AOL's total Q4 sales were …
Perhaps there is hope yet....for no more AOL
It's going to take longer than planned, but if they lose 1/4 of all subscribers per year then they should be gone in maybe 5 years tops (given that a few might hang on at the end).
The figures do make me wonder - if they've increased profits to $66m that presumably means they fired a lot of people, so why is it still costing them a fortune to run? Presumably the profit is after tax, but even so when you discount that plus servers, bandwidth and such it still sounds like the operation is costing them a small fortune to run.
AOL still exists?
No body necessary. Along with AMD/ATI worse IT M/A ever.
- iSPY: Apple Stores switch on iBeacon phone sniff spy system
- It's true, the START MENU is coming BACK to Windows 8, hiss sources
- Chinese gamer plays on while BMW burns to the ground
- Pic NASA Mars tank Curiosity rolls on old WET PATCH, sighs, sniffs for life signs
- How UK air traffic control system was caught asleep on the job