Recently, Opera Software has reported their Q3 2010 financial results.
Revenues continued to increase for the desktop browser, while Internet devices saw a 2% decrease (Q2 vs. Q3).
Opera Mini user base keeps growing while desktop browser lost more users.
Formerly known as FoxMarks, a popular bookmark synchronization service XMarks will shut down on January 10, 2011.
Apparently, over 2 million users were not enough for a company to monetize them. As stated by XMarks co-founder, premium services were also not an option, especially when such features are already available (free of charge) from both, Firefox and Google Chrome developers.
Synchronization services will
Thanks to Geek and Nox for the news tip.
Today, Opera Software has reported Q2 2010 financial results. As you will see, results are mixed up, with total revenues down 2% (Q on Q) and 4% when comparing 1H vs 2H. On the other hand, desktop browser revenue has increased by 20-30%.
Today Opera Software has revealed Q2 2009 financial results.
Some of the highlights:
Desktop users grew by 65% in 2Q vs 2Q08
29.1 million monthly users of Opera Mini in July 2009 (up 145% vs July 2008), which generated over 12 billion viewed pages (up over 223% vs July 2008)
MNOK 172.4 (+53% vs 2Q08) Continue Reading
As reported earlier, Opera Software has released Q1 2009 financial results.
Some of the highlights:
Opera Desktop: User growth up 64% since Q1 2008
Opera Mini: User growth up 157% since Q1 2008, 23.4 million monthly users
Opera Desktop: up 103% since Q1 2008
Total: up 59% since Q1 2008 Continue Reading
New York times has published an interesting article about online companies profits.
Since web browser makers biggest revenue source is search, this will give you an insight on how important certain countries are, or to put it simply: is market share really important?
Although article talks on bandwidth costs for fast developing countries, it also provides some details on ad rates. As you might guess, browser makers gets paid for clicks on ads in search results page.
“Facebook is booming in Turkey and Indonesia. YouTube’s audience has nearly doubled in India and Brazil.
That may seem like good news. But it is also a major reason these and other Web companies with big global audiences and renowned brands struggle to turn even a tiny profit.”
Opera Software is polishing its mobile web browser strategy. While they are making deals with mobile phone manufacturers such as Nokia, HTC, Samsung and Sony Erickson to place their mobile web browser into various handsets, recently they started to skip them and partnership directly with the operators.
As a result, Opera will be announcing deals with US mobile operators at the CTIA Wireless in early April. While they refuse to tell with whom those deals will be made, Opera Software usually works with big operators only. And in the US, those are: AT&T, Verizon Wireless, Spring Nextel and T-Mobile (European T-Mobile is already in the partnership with Opera).
If everything goes as planned, Opera will strengthen their positions in the US market as well as increase their revenues.