So what is Opera's target audience now?
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lem729 last edited by
What will ultimately carry weight are the aggregate financials that result from the collective of user opinions out in the marketplace. A wise company will sift the specific user opinions it gets in order to obtain hints about what that ultimate marketplace opinion of their efforts might be, but each individual opinion itself carries little or no intrinsic authority or weight>
All the individual opinions added together form a composite picture. But the board is looking not just at current opinion, but what it believes the market will be further down the road. Nothing about Opera's history, or its most recent financial report suggests a company that doesn't know what it's doing. In fiscal year 2014, they had a revenue growth of forty percent. They are involved in a wide range of activities suggestive of an innovative and vital company. Much of the criticism of Opera's competence come from users with a self-interest in the other direction.
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alreadybanned last edited by
All the individual opinions added together form a composite picture. But the board is looking not just at current opinion, but what it believes the market will be further down the road. Nothing about Opera's history, or its most recent financial report suggests a company that doesn't know what it's doing. In fiscal year 2014, they had a revenue growth of forty percent. They are involved in a wide range of activities suggestive of an innovative and vital company. Much of the criticism of Opera's competence come from users with a self-interest in the other direction.
Huh? There is no possible way to have calculated a fiscal year that is only 5 months old. They have released only first quarter numbers for 2014(Apr. 30) which are down from Q4 2013. The rise that they had enjoyed was in part due to the Skyfire deal in June and selling 8 million shares. Their stock has been falling shortly after the start of the year though. None of which has anything to do with the current success or failure of the desktop variation of the browser. The opinions expressed however are in direct relation to the choices the company has made regarding the browser and not any other business venture.
http://www.bloomberg.com/quote/OPERA:NO
http://investing.businessweek.com/research/stocks/charts/charts.asp?ticker=OPERA:NO
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lem729 last edited by
Sorry, the hand was quicker than my mind. I meant to say Revenue growth of 40 percent in the first quarter of FY 2014. If you compare first quarter of 2014 (87 million) to first quarter 2013 (61) million, you get some idea of an improving revenue situation. The financial results, as well as the numerous other endeavors discussed in their Quarterly Report for the first quarter of 2014, evidence a vital, energetic company, one seemingly on a well thought out track. On stocks, I see from your link, alreadybanned, Opera's 1 year run -- a 66 percent rise. Wow. Okay, even if it was higher than that, but has settled back a bit, that's quite a rise -- and though you suggest it's not related to desktop Opera, but Skyfire (and cloud solution technology), it cannot but reflect well on the decision-making of Opera, the company. For sure now, there has been, and still is, some vocal criticism of their change from the Presto engine to Bing for Desktop Opera, but that opposition (as I noted in my last post) comes from those who have a huge self-interest in features of the old Opera, lost under the Bing browser, at least for the time being. So the passion of the arguments, which go so far as to suggest that Opera is incompetent or has made a bad business decision, can perhaps be taken with the proverbial "grain of salt."
