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Earnings: Macromedia’s Mobile Revenues Doubles

By Rafat Ali - Wed 20 Jul 2005 02:08 PM PST

In its Q2 results announced today, Macromedia has few hard number on its mobile efforts. But this: “Our revenues essentially doubled on a year-on-year basis. During this quarter, nine new players committed to using Flash Lite or using Flash SDK on mobile phones, on TVs and a variety of devices including MP3 players. “
Two big strategic wins which they’re not disclosing right now.
“We heard one recent estimate that over $1bn in value has already been created around the Flash mobile ecosystem in Japan to date.  To be successful with our mobile efforts in the long term, we have to help foster these same ecosystems in other major geographies around the world”, said Stephen Elop, CEO of Macromedia.
Betsey Nelson, CFO, Macromedia: “The Consumer category posted record revenue of $12.9 million, almost doubling year on year, as Flash Lite saw continued success with handset manufacturers and handset ODMs, and some wins in other areas like MP3 players and televisions. “

Posted in: Companies, Macromedia, Money, Earnings



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