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02-10-2013, 10:05 PM #1
Amazing but true: AOL’s dial up business still makes about $500 million a year
Business Insider’s Henry Blodget points out, AOL’s (AOL) dial-up subscription service is still the company’s major money maker and produced an operating income before depreciation and amortization of $158.7 million in the fourth quarter of 2012. Blodget notes that even though AOL’s dial-up business is still shrinking, it’s still producing “about $500 million a year… that AOL can use and is using to invest in other cool businesses (content and an ad network).” So take comfort, AOL dial-up subscribers: Your willingness to wait 45 minutes to watch a three-minute YouTube video is powering AOL’s other businesses to new and exciting heights.
02-11-2013, 12:42 PM #2
02-11-2013, 03:30 PM #3
I didn't even think these birds were still in business.