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21 Apr 2011 14:23

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Biz: Running the NYT paywall has higher cost than you might expect

  • $13 million to run the New York Times paywall in 2011 source
  • » This is a hefty figure. And it’s not the whole enchilada — the Times spent a lot getting it together, on top of the incremental costs involved. But it doesn’t necessarily spell problems for the new system — the Times has netted about 100,000 digital subscribers since instituting the paywall, reportedly enough to break even on the operating costs after the first quarter of 2011. That said, we suspect not many casual observers expected this high a cost would be absorbed simply to keep up the paywall, and having the spoils of your first 100,000 subscribers be a financial wash is something we doubt the Times relishes. But we think people need to give this time.

18 Jan 2011 22:09

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Biz, Tech: Steve Jobs may be sick, but Apple’s still killin’ profit expectations

  • Want to know the best way to get investors off your back about your iconic CEO’s illness? Post numbers that make everyone criticizing you look like chumps. That’s what Apple did today. And even though Steve is still sick (and hopefully he’s able to deal with that without a problem), the numbers suggest that Apple does so much right that it’ll be hard for them to screw up the next couple of quarters. Just to give you kids an idea:
  • $22 billion in revenues in the first quarter for Apple (very good)
  • 2% the increase in Apple’s stock after Apple’s numbers were released, nearly erasing earlier Jobs-illness-related losses
  • 4:5 the number of Fortune 500 companies currently field testing the increasingly-popular iPad – suggesting further success
  • 16.2M the number of iPhones Apple sold, which is way up from a year ago
  • 7.33M the number of iPads they sold – an extremely robust number
  • 4.1M the number of Macs they sold – also way up from a year ago source

25 Jun 2009 10:47

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Biz: Based on our GDP, the economy appears to be on the Atkins diet

  • -5.5% decline in GDP in the first quarter of ’09 source

24 Apr 2009 10:27

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Biz: Ford desperately tries not to waver into bailout realm

  • -75¢ The per-share loss that Ford had last quarter. That loss, which is $1.8 billion, is far less than analysts expected.
  • -49% The cut in cash use in the last quarter. They’ve managed to get by without a cent of bailout money so far. source

23 Apr 2009 09:56

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Biz: Funny thing for UPS: When the economy slumps, people ship less

  • -56% dip for Brown, who hasn’t done much for us lately source