Tài liệu Nothing But Net 2009 Internet Investment Guide 9 pptx

... Google Sites 6, 698 7,105 7,175 12,758 12,655 12,1 39 79. 0% YOUTUBE.COM 6,253 6,710 6,830 12, 493 12,375 11 ,97 9 86.2% 2 MEGAVIDEO.COM 73 1 59 6 09 804 745 8 29. 1% 3 HULU.COM (hybrid) 4 89 537 686 NA ... Sep-08 Yahoo! Sites 28, 898 44,336 AOL LLC 47, 898 22,080 Microsoft Sites 19, 2 29 20, 899 Total Top 3 Properties 96 ,025 87,315 Total Internet 244,121 321,067 % of Total...

Ngày tải lên: 24/12/2013, 17:15

... N 19. 30 20.00 27-Apr-06 OW 25.36 33.00 28-Jul-06 OW 22.06 29. 00 02-May-07 OW 25.52 28.00 31-Jul-07 OW 31.25 37.00 02-Aug-07 OW 33 .99 39. 00 30-Oct-07 OW 53.53 69. 00 05-Feb-08 OW 48 .95 61.00 ... Equity Research 05 Januar y 20 09 Imran Khan (1-212) 622-6 693 imran.t.khan@jpmorgan.com 3 39 Global Equity Research 05 January 20 09 Imran Khan (1-212) 622-6 693 imran...

Ngày tải lên: 15/12/2013, 10:15

... 31 ,97 2 43,054 55,556 69, 705 90 ,585 112,573 127 ,94 9 1 39, 617 15.5% ROW 9, 440 13,216 18,502 25 ,90 3 34 ,97 0 41 ,96 3 55,811 73,113 27 .9% Total 182,622 235,811 299 , 397 370,7 49 438,655 463,546 542,660 ... 2009E 2010E 2011E ’08E – ’11E CAGR US 88,780 106,851 128,708 151,443 160,563 168,270 187 ,95 8 207,505 8 .9% Europe 52,430 72, 690 96 ,631 123, 698 152,537 140,740 170 ,94...

Ngày tải lên: 24/12/2013, 17:15

... 42.2 48.8 49. 4 76.2 89. 9 85 .9 81.8 99 .1 107 .9 114.0 Operating Expense -13.0 -16.5 - 19. 8 -24.6 -28.4 -35 .9 -35.7 - 39. 0 - 39. 1 -43.8 -47.6 -50.5 SG&A expenses -8.6 -11 .9 -14.7 -17.4 - 19. 8 -23.0 ... millions 2007 2008E 2009E 2010E Cash & Cash Equivalents 211 4 09 588 899 Account Receivables 9 15 21 30 Other Current Assets 9 25 35 50 Total Current Assets 2...

Ngày tải lên: 26/01/2014, 18:20

... 1Q'09E 2Q'09E 3Q'09E 4Q'09E Revenue 69. 1 70.4 73.1 81.7 91 .9 103.0 117.2 122.0 124.1 130.5 135.6 1 39. 4 Wireless & other 2.1 2.2 2.2 2.2 2.7 2.5 2.7 2.8 2 .9 2 .9 3.0 3.1 ... balance at end of period 91 .9 92 .9 88.0 87.7 Source: Company reports and J.P. Morgan estimates. 292 Global Equity Research 05 Januar y 20 09 Imran Khan (1-212) 62...

Ngày tải lên: 26/01/2014, 18:20

... report. Global Equity Research 05 January 20 09 Nothing But Net 20 09 Internet Investment Guide Global Internet Imran Khan AC (1-212) 622-6 693 imran.t.khan@jpmorgan.com J.P. Morgan ... growth at Internet companies. Figure 3: Broadband Penetration in the US Continues to Increase Broadband subs in millions 6.2 12.4 19. 2 27.7 37.4 48.0 58.1 69. 9 7...

Ngày tải lên: 15/12/2013, 10:15

... $0. 39 $0.40 $0.36 $0.38 $0.38 -2.0% Global Search Forecast ($M) 2,704 5,156 9, 121 14,835 21 ,99 9 29, 511 33,158 41,417 49, 277 18.6% Y/Y Growth 123.4% 90 .7% 76 .9% 62.6% 48.3% 34.1% 12.4% 24 .9% 19. 0% ... 11/16/07 Internet Brands Inc INET 48 334 14% 8.00 5.51 -31% 06/07/07 Limelight Networks Inc LLNW 276 1, 192 23% 15.00 2. 29 -85% 08/ 09/ 07 MercadoLibre Inc MELI 333 752 44%...

Ngày tải lên: 15/12/2013, 10:15

... Total Pages Viewed (B) 7,2 09 8, 897 10,724 12,607 14,275 15 ,98 6 17, 793 19, 590 21,510 23,5 39 9.8% RPM (per 1,000 pages) $1.02 $0.75 $0.81 $0.87 $0 .97 $1.07 $1. 09 $1.06 $1. 09 $1.13 1.2% Global Graphical ... 2007 2008E 2009E 2010E 2011E 08-'11E CAGR Internet Population (M) 817 90 3 98 8 1,072 1,153 1,2 39 7.8% Queries / Month / User 33 41 49 57 63 69 12.2% Numbe...

Ngày tải lên: 15/12/2013, 10:15

... eCommerce revenue (US $M)) 98 ,644 117,4 19 141,437 164,612 174,525 182 ,90 2 204,302 225,5 49 8 .9% Product return rate 10.0% 9. 0% 9. 0% 8.0% 8.0% 8.0% 8.0% 8.0% 0.0% Net Revenue 88,780 106,851 128,708 ... media companies have also moved onto the Internet by offering TV episodes online and with Internet designed webisodes. However, monetization of Internet videos has trailed...

Ngày tải lên: 15/12/2013, 10:15

... 31 ,97 2 43,054 55,556 69, 705 90 ,585 112,573 127 ,94 9 1 39, 617 15.5% ROW 9, 440 13,216 18,502 25 ,90 3 34 ,97 0 41 ,96 3 55,811 73,113 27 .9% Total 182,622 235,811 299 , 397 370,7 49 438,655 463,546 542,660 ... 2005 2006 2007 2008E 2009E 2010E 2011E 2008-2011E CAGR Total Travel Spend 178,000.0 185,000.0 191 ,000.0 198 ,000.0 199 ,98 0.0 201 ,97 9.8 210,0 59. 0 218,461.4 3.0% % onl...

Ngày tải lên: 24/12/2013, 17:15