Feeds

McAfee.com sitting pretty after viral outbreaks

It's an ill-wind...

  • alert
  • submit to reddit

Bridging the IT gap between rising business demands and ageing tools

McAfee.com, the security ASP subsidiary of Network Associates, has posted results, which show that the firm has moved into the black in the aftermath of recent viral outbreaks, such as Code Red.

Revenues for McAfee.com's third quarter were $16.2 million, up $3.6 million from $12.6 million the same period last year. Net income was $2.75 million compared to a loss of 3.6 million in Q3 2000.

During the quarter McAfee.com signed up more than 200,000 subscribers to increase its ranks to 1,220,000.

McAfee.com's business this quarter has not being without controversy, particularly when it secured a patent for its "software-as-a-service" technology and subscription-based business model for delivering security maintenance, and optimisation services to Internet uses. As previously reported, the patent ("Method and system for securing, managing or optimising a personal computer" US Patent 6,266,774) was considered to have questionable merit because it apparently covered pre-existing and widely used technologies and business practices. ®

External Links

McAfee.com's results statement

Related Stories

McAfee patents virus update over the Internet
McAfee files patents for security as a service
McAfee declares war on Zombies
Virus plague fails to stem losses at Network Associates
Investors mis-interpret McAfee/MS .NET deal

Build a business case: developing custom apps

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Airbus promises Wi-Fi – yay – and 3D movies (meh) in new A330
If the person in front reclines their seat, this could get interesting
UK Parliament rubber-stamps EMERGENCY data grab 'n' keep bill
Just 49 MPs oppose Drip's rushed timetable
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
prev story

Whitepapers

Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.