17 Tem 2008

Skype reports 338 million users, 1/2 bln USD revenue

Skype reports 338 million users

by Sue Bailey

JD might have singled out PayPal for special mention, but Skype also had a stellar Q2 of 2008, reporting 51% year-on-year growth and an incredible 338 million users worldwide. Skype revenues were $136 million for the quarter - annualised, that’s over $1/2 billion.

JD called it “a killer communications application”, and mentioned that 25% of Skype calls are now video. There were 14.8 billion minutes of free Skype to Skype calls during the quarter, and 1.8 billion revenue-generating SkypeOut minutes. They might have some crazy ideas, like ad-funded free landline calls, and they’re certainly in need of better monetisation of that enormous user base, but I don’t think anyone can call a $500 million a year a mistake anymore.

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