psunite
Joined: 27 Jan 2005
Posts: 6213
Location: Columbus OH
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| Posted: Mon Jul 24, 2006 12:03 pm Post subject: Skype, All Talk, Just Not Facts |
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Every quarter, one hopes EBay will provide some clarity on Skype, and what kind of success the company is having with its $2.6 billion purchase. And every quarter, one is left scratching his head, pondering over meaningless metrics. It is baffling because eBay calls it third division, and engine of future growth. However unlike core eBay and PayPal divisions, Skype’s performance is a riddle wrapped in an enigma.
Thanks to Seeking Alpha, we can read the full transcript of the latest earnings’ conference call, and you can see for yourself, what most of the information carries little or no weight, especially in financial terms. Meg Whitman, on the call, pointed out that Skype added “nearly 19 million users for a total of 113 million users worldwide.”
That’s an uptick of nearly 19% quarter over quarter. I should be impressed, but I am not. Why? Because registered users don’t necessarily mean active users. It would be great to see the active user base, not registered users because people can register and never use the service. Never mind, for that could be construed as nitpicking.
more.. link to news article |
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