Thursday, July 21, 2005

Know your units

No, it's not a cautionary statement on alcohol consumption, rather finger-pointing at journalists who don't know millions from billions. The quote:

"Skype's annual revenue has not been disclosed, but analysts suggest that it could be in the $6 billion to $10 billion range."

I don't know which analysts they've been talking to, but Skype revenue estimates of $6 - 10bn would make it two to three times the size of Google. It would also be quizzical for a company turning over $10bn to consider being taken out for 0.1x sales.

No comments: