06-14-2013, 07:10 AM
2383 vangorilla March 25 2013
Revenue growth has stalled in the past 3 yrs:
2010 3.7m
2011 4.0m
2012 3.98m
However, they cleared over $3m in net income. In the mean time they have been able to remain quite profitable while building (paying for the development) the infrastructure for PlayMPE and G2.
The recording industry (soon the video industry) is struggling to regain control over their digital content, who do you think has built the plumbing that enables them to control each piece of digital content regardless of where it is on the Net?
Steve has said several times that one G2 revenue deal should eclipse their current annual revenue. In other words that would give them a revenue growth rate of at least 100%...AND because the cost of the product has already been incurred, the majority of this revenue goes right to the bottom line.
I think a lot of people are forgetting that.
Comparing old Clipstream to G2 is just stupid. Even the company admits they couldnt compete with old Clipstream against Flash and stopped focusing their efforts on it.
There was another company that was a pioneer in the the computing industry but it was their ability to give people and the record industry a music solution that made them one of the most disruptive companies today.
Doesnt anyone see the similarities?
2010 3.7m
2011 4.0m
2012 3.98m
However, they cleared over $3m in net income. In the mean time they have been able to remain quite profitable while building (paying for the development) the infrastructure for PlayMPE and G2.
The recording industry (soon the video industry) is struggling to regain control over their digital content, who do you think has built the plumbing that enables them to control each piece of digital content regardless of where it is on the Net?
Steve has said several times that one G2 revenue deal should eclipse their current annual revenue. In other words that would give them a revenue growth rate of at least 100%...AND because the cost of the product has already been incurred, the majority of this revenue goes right to the bottom line.
I think a lot of people are forgetting that.
Comparing old Clipstream to G2 is just stupid. Even the company admits they couldnt compete with old Clipstream against Flash and stopped focusing their efforts on it.
There was another company that was a pioneer in the the computing industry but it was their ability to give people and the record industry a music solution that made them one of the most disruptive companies today.
Doesnt anyone see the similarities?
2388 iamlong
Nokia deflates Google's video codec thought bubble
Nokia has published an IETF patent declaration that could spell trouble for Google's hopes to pitch VP8 as a new standard codec.
http://www.theregister.co.uk/2013/03/25/nokia_not_a_google_fan/
Nokia has published an IETF patent declaration that could spell trouble for Google's hopes to pitch VP8 as a new standard codec.
http://www.theregister.co.uk/2013/03/25/nokia_not_a_google_fan/