Or, select individually:
- The 10 Billion Reasons Wall Street Is Lining Up To Do Groupon’s IPO
- Yahoo’s Revenue Fell Off A Cliff In The Financial Crisis, And Hasn’t Bounced Back
- The Number One Thing Android Tablets Need To Beat The iPad
- Microsoft Incinerates ANOTHER $543 Million Online
- Microsoft Xbox No Longer A Money Pit, Now Making A Billion Annually
Needham & Company analysts Mark May and Kevin Allen projected the revenues for the local daily deal market for the next five years. As you can see, they're very bullish.
Even these bullish projections are probably coming up short. We've heard late last year Groupon was on a $2 billion annual revenue run rate, and Needham thinks it's only 60-65% of the market.
The lower the price, the more people likely to buy the tablet. The more people with a tablet, the more people to download apps. So, from a developer perspective, it makes sense.
This gives Microsoft a trailing-four-quarter loss of $2.5 billion. That's simply astounding. We've asked it before, and we'll ask it again: Has any company lost as much money online as Microsoft?
While Microsoft's online division remains a money pit, the gaming division is starting to make a lot of money for Microsoft. Last night the company reported $679 million in operating income giving it a trailing-four-quarter profit just over $1 billion.
Considering the company lost money for years on the Xbox (we're only showing part of the money burn), this is great news for shareholders, and it provides a sliver of a reason for optimism about the online division. Maybe it too will get turned around some day.