Zillow's Q2: revenue up to 116 percent to a record $ 15. 8 M Hits profitability

Leena Rao is currently working as a writer for TechCrunch. She recently finished graduate school Medill School of journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007 she helped lead Congresswoman Carloyn Maloney advocacy and community relations in New York. She graduated from Columbia University in 2003, where it was ... ? Read More

Real estate listings site Zillow announced their first earnings as a public company today, after debuting at the NASDAQ in mid-July. Zillow showed record profits 15.8 million dollars in the second quarter to 116% for the year. Net profit for the quarter came in at $ 1.6 million, compared with a net loss of $ 2 million during the same period a year ago and a net loss of $ 0.8 in the first quarter of 2011. This quarter marked the company's first quarter GAAP profitability

Zillow saw record market revenues of $9,7 million, 269% for the year. Prime Minister agent subscribers, which contribute to market income, amounted to 13.385 on June 30, 2011, up to 180% of 4777 troops at the end of the second quarter of 2010. Display revenues increased 30% up to $ 1 million from $ 4.7 million in the second quarter of 2010.

Average monthly unique users, the company grew by 93% to 20.8 million records in the second quarter of 2011, compared with 10.8 million average monthly unique users for the same period in the year 2010. And July 2011 year marked another record traffic month with 23.2 million unique users of the Web sites and applications for mobile devices, Zillow in 98% increase from July 2010 onwards.

Zillow CEO Spencer Rascoff said the first profit the company as a public company: "the second quarter was outstanding for Zillow record revenue, traffic and usage of mobile devices. It marks our first profitable quarter on the basis of GAAP net income and our fourth consecutive profitable quarter, based on adjusted EBITDA.We are extremely pleased with our progress and rapid growth, however, we believe that we have only scratched the surface of our capabilities. "

Profitability for the company is a big deal, considering that while incomes grew at Zillow, the company takes the loss of each quarter during the last three years.

Zillow, which originally filed its S-1 in April, currently contains over 100 million United States homes, including homes for sale, houses, apartments and houses are not currently on the market. Zillow launched the mortgage market in 2008, and subsequently expanded in rentals and mobile. According to Experian Hitwise Zillow.com is the third most visited real estate website in the United States and received 5.36% of visits to the estate in March 2011, at 53 percent compared with March 2010 year.

Zillow, Inc. developed and operates Zillow.com, one of the leading online real estate market is dedicated to helping homeowners, buyers, sellers, renters, real estate agents, mortgage professionals, property owners and managers ...

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& A technology M in Q2 remains flat at $ 26 billion; Technology IPO comprise 40 percent of all IPO

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New report put out today by PricewaterhouseCoopers found tech landscape M & a. technology transactions amounted to $ 26 billion in the second quarter of 2011, slightly down from 26.6 billion worth of transactions in the first quarter, but up to 6.7% from the same quarter a year ago. These figures include only transactions closed in the quarter as Qualcomm 3.5 billion acquisition of Atheros and eBay 2.4 billion of GSI Commerce and do not include announced transactions like buying $ 8.5 billion Microsoft in Skype.

In terms of the volume of the transaction Internet transactions amounted to 32 per cent of the total, but semiconductor deal edged it in terms of the value of the dollar, from $ 6.8 billion worth of chip transactions closed in the quarter. There were 82 total technology transactions in the quarter (based on data from Thomson Reuters), the one thing above the first quarter and down from 95 a year earlier. In General, M & (A) the environment was flat, but remains healthy.

Tech IPOS, on the other hand, picking up with LinkedIn, Pandora, Yandex and Freescale Semiconductor all hitting the public markets in the second quarter. $ 4.5 billion in tech IPOs that accounted for almost 40 per cent of the total value of IPO during the quarter.

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Millennial: Android captures 53 percent of impressions in Q2; iOS is 27% of the shares

Leena Rao is currently working as a writer for TechCrunch. She recently finished graduate school of the Medill School of journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007 she helped lead efforts for advocacy and community relationships Congressman Carloyn Maloney in New York. She graduated from Columbia University in 2003 where it was ... ? Read More

The largest remaining independent mobile ad network Millennial Media has released its 50th report today and to celebrate this, a number of statistical data, comparison of the growth of manufacturers and operating system over the past few years.

For example, in March 2010 iOS was 70 per cent of the impression share in the mobile ad network Millennial compared with Android in 6 per cent. Fast forward more than a year, and in June 2011, Android over take iOS, with 54 percent share of impressions of ads with iOS, taking 26 per cent. RIM pretty much had the same resource (14 per cent in 2010, compared to 15 per cent in 2011) for the period of time.

As Smartphone share rose from 45 per cent in March 2010, up to 65 per cent in June 2011. Feature phones, on the other hand, decreased from 34 per cent in 2010 to 17 per cent in 2011.

Another STAT to note in the report — 60 per cent of the device in the Millennial network use the touch screen as an input device, while only 27% of touch screen devices in 2009.

While Android is growing like gangbusters, Apple saw the biggest growth in terms of producers at the millennial network. In 2009, Apple has increased their market share as the producer of the best almost 20 percentage points (from 11% to 30%). Samsung was previously a top producer.

Millennial also took a look at the growth in network in the second quarter of 2011. In the second quarter of 2011 smartphones grew 8 percent quarter over quarter and led a Smartphone feature phone & device is connected with 67 percent of impressions. Connected devices increase 13 percent quarter over quarter and amounted to 17 per cent of the Smartphone to feature phone & device is connected to the mix in Q2.

Android to retain its position as the leading Smartphone OS mix impression at the millennial network in Q2, with 53% of impressions. iOS has actually increased by 4% quarter over quarter and represented 27% of the Smartphone OS mix impression in Q2. This can significantly jump 5, if the iPhone will be released next year.

Millennial MEDIA is the leading independent mobile advertising and data. Millennial MEDIA commands an impressive share of the mobile display advertising market. Technology, tools and services for the company.

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Dell misses on Q2 revenue, net profit up to 60 percent but cuts Q3 Outlook

Leena Rao is currently working as a writer for TechCrunch. She recently finished graduate school of the Medill School of journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007 she helped lead efforts for advocacy and community relationships Congressman Carloyn Maloney in New York. She graduated from Columbia University in 2003 where it was ... ? Read More

Dell reported mixed earnings this afternoon for the second quarter of fiscal year 2012. Income in the quarter amounted to 15.7 billion, up to 1 per cent last year. GAAP net income per share was $ 0.48, up to 71%; non-GAAP EPS was $ 0.54 cents to 69 per cent. The company blew past EPS expectations, Dell missed several on revenue. Analysts expected a non-GAAP EPS of $ 0.49 in revenue of $ 15.75 billion.

Cash flow from operations rose to a record 2.4 billion of non-GAAP net income came in at $ 1 billion for the quarter, up to 60 percent from the same quarter last year. Dell ended the quarter with record-high $ 16.2 billion in cash and investments and repurchased $ 1.1 billion in stock in the quarter.

Dell said growth in its enterprise solutions and services, particularly in the serverm storage, data management, security services and the cloud continues to manage the company's profitability in the fiscal second quarter as operating income increased significantly to increase the income of 1 per cent.

Income for Dell commercial activities amounted to $ 12.8 billion, 1 percent from a year ago. Solutions & services profits rose 4 percent to $ 4.6 billion in the quarter and now represents 35% of Dell's commercial revenue. Servers and network revenues increased 9 percent year-over-year. Dell services revenue grew by 6 per cent to $ 2 billion.

Growth outside the United States and Canada, Western Europe and Japan increased 14 per cent of the income of the previous year and now account for 28 per cent of the total income of Dell. In particular India and China amounted to 21 per cent and 20 per cent, respectively.

Michael Dell, Chairman and Chief Executive Officer, said in a release: "we continue to see big boost in areas of high growth of our business, which is a direct reflection of the discipline and strong execution, our global Dell team to help solve real problems for our clients. We create efficiency through every step of the value chain and it will eventually include all customers from home users to large enterprises and government organizations to achieve results that are most important to them. "

In the third quarter, Dell expects revenue of approximately flat for Q2.

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