Linked by Thom Holwerda on Wed 13th Feb 2013 13:21 UTC
Opera Software De kogel is door de kerk: as we already talked about earlier, Opera is going to switch to the WebKit engine, leaving its own Presto rendering engine behind. We didn't yet know if they would the switch only on mobile or on the desktop as well, and they cleared that up too: both mobile and desktop Opera Browsers will switch to the WebKit rendering engine.
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Sinking upwards
by dnebdal on Wed 13th Feb 2013 14:45 UTC
dnebdal
Member since:
2008-08-27

They're making record profits, though - so if the ship is sinking, it's doing so in an unusual way.

Reply Score: 4

RE: Sinking upwards
by smashIt on Wed 13th Feb 2013 15:01 in reply to "Sinking upwards"
smashIt Member since:
2005-07-06

They're making record profits


they do?
according to their last report (1st - 3rd quarter) earnings per share dropped from 0.155$ in 2011 to 0,119$ in 2012 (with an as good as constant number of shares)

Edited 2013-02-13 15:03 UTC

Reply Parent Score: 2

RE[2]: Sinking upwards
by Sodki on Wed 13th Feb 2013 15:17 in reply to "RE: Sinking upwards"
Sodki Member since:
2005-11-10

To be fair, share prices has almost nothing to do with the health of a business. Just look at Apple: record profits, but still the shares price came down. Basically it's all financial speculation.

Reply Parent Score: 3

RE[2]: Sinking upwards
by PresentIt on Wed 13th Feb 2013 18:10 in reply to "RE: Sinking upwards"
PresentIt Member since:
2010-02-10

EPS isn't actually relevant. All recent quarters have been record quarters, both revenue-wise and profit-wise. Opera made a ton more money in 2012 than in 2011. If there are more shares in the market, so what? That doesn't change the fact that both revenue and profit is higher than ever.

Reply Parent Score: 4

RE[2]: Sinking upwards
by stabbyjones on Wed 13th Feb 2013 19:57 in reply to "RE: Sinking upwards"
stabbyjones Member since:
2008-04-15

It's that 15 cents and 11 cents?

Reply Parent Score: 2