Not yet slashdotted: AOL removed $45.5 billion in the last quarter.
Total loss in 2002 was $99 billion.
A new world record.
(and a way ahead of its followers; It's like breaking the record for
100 meter, in 2 seconds instead of 9.9).
As far as I understood, the total removals ("charges" in the official
terminology) in 2002, included $407M of ICQ. On the other hand, ICQ is
still claimed as one of the very few earning departments of AOL.
CNN compares the net loss to "about half the projected budget deficit
for the entire federal government, or about 10 times the losses
forecast for the nation's troubled airline industry."
And contrary to the past, now they don't have any Case anymore...
http://money.cnn.com/2003/01/29/technology/aol/index.htm
--
Eli Marmor
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CTO, Founder
Netmask (El-Mar) Internet Technologies Ltd.
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