Feeds

AOL still on the slide

Customers and revenues fall

Gartner critical capabilities for enterprise endpoint backup

AOL is still struggling to make up lost revenues as subscribers continue to flee the service. The internet giant has lost more than three million customers over the last year as the number of US subscribers fell to 18.6m - down 835,000 over the last three months alone.

Publishing Q1 results for the three months to March, AOL (owned by media giant Time Warner) reported that revenues fell seven per cent ($152m) to just under $2bn, compared to the same period last year.

This was due to a 13 per cent decrease ($236m) in subscription revenues although it was partly offset 26 per cent increase ($81m) in ad revenues.

At the same time, operating income decreased 14 per cent ($45m).

AOL's decline is also being mirrored in Europe. At the end of March AOL Europe had 5.9m punters - down 147,000 on the previous three months and a slide of 452,000 on the same period last year. ®

Boost IT visibility and business value

Whitepapers

A new approach to endpoint data protection
What is the best way to ensure comprehensive visibility, management, and control of information on both company-owned and employee-owned devices?
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Maximize storage efficiency across the enterprise
The HP StoreOnce backup solution offers highly flexible, centrally managed, and highly efficient data protection for any enterprise.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.