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Feb 5 2009

AOL: Revenues continue to plunge further

Sardar Mohkim Khan 

image thumb34 AOL: Revenues continue to plunge further

AOL continues to hammer Time Warner as yet another quarter graphed a fall. Revenue for AOL fell by 23%, an estimated loss of $968 million s its ad unit showed an 18% decrease along with that of subscription going down by 27%. The issue being that AOL’s acquisitions haven’t really proved worth what they had been paid for. Let’s see much salt it continues to rub upon the wounds it has inflicted upon Time Warner.

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