Tài liệu Nothing But Net 2009 Internet Investment Guide 12 ppt

... CNNIC (2007), Pew Internet Study (Aug '06), NDIA Survey on Computer and Internet Use (Dec '06) 120 Global Equity Research 05 Januar y 2009 Imran Khan (1- 212) 622-6693 imran.t.khan@jpmorgan.com ... Perspective Internet Usage Growth – Same Old Story, But Is That What Is Driving the Online Ad Spending Growth Expected in 2009? We expect China's Inte...

Ngày tải lên: 24/12/2013, 17:15

... J.P. Morgan Internet, Media and Entertainment Team Imran Khan Imran Khan is a Managing Director and the Head of Global Internet Research at J.P. Morgan. In addition to his Internet coverage, ... the company non -investment banking securities-related service. Ninetowns Internet Technology Group Co. Ltd. is or was in the past 12 months a client of JPMSI; during the past 12 mo...

Ngày tải lên: 15/12/2013, 10:15

... with Internet Access % of individuals 16-74 who shopped on the internet Bulgaria 7.3 5.7% 19.0% 3.0% Czech Republic 10.2 12. 2% 35.0% 17.0% Hungary 10.0 11.6% 38.0% 11.0% Lithuania 3.6 12. 7% ... increased awareness of mobile Internet capabilities. With a handset geared toward improving mobile Internet use, consumers significantly increased their use of mobile Internet ser...

Ngày tải lên: 24/12/2013, 17:15

... feature sets. 70 Global Equity Research 05 Januar y 2009 Imran Khan (1- 212) 622-6693 imran.t.khan@jpmorgan.com 2009 Social Networks Primer Key Takeaways • Runaway usage growth continued ... print, TV, radio, Internet, or in-venue. This product helps leverage existing ads with an interactive call to action and a method for success reporting. mSnap mSnap is a mobile ad ne...

Ngày tải lên: 24/12/2013, 17:15

... Equity Research 05 Januar y 2009 Imran Khan (1- 212) 622-6693 imran.t.khan@jpmorgan.com The Challenges for Online Video Online video, like social networking, is an Internet medium that has taken ... Sep- 2008 3Q Y/Y Growth 1 Google Sites 6,698 7,105 7,175 12, 758 12, 655 12, 139 79.0% YOUTUBE.COM 6,253 6,710 6,830 12, 493 12, 375 11,979 86.2% 2 MEGAVIDEO.COM 73 159 609 8...

Ngày tải lên: 24/12/2013, 17:15

... term. Figure 85: Internet Audience Growth (market share) Source: Liveinternet.ru Table 77: Internet Market Breakdown Revenue breakdown, $ mn 2007 2008E 2009E 2010E 2011E 2012E 2013E 2014E ... 19% 25% 54% 48% 43% 37% 31% 15 25 35 45 55 65 75 85 2006 2007 2008E 2009E 2010E 2011E 2012E 0% 10% 20% 30% 40% 50% 60% Internet population (lhs) Internet penetration (rhs) mn 39% 23% 37%...

Ngày tải lên: 21/01/2014, 23:20

... Januar y 2009 Imran Khan (1- 212) 622-6693 imran.t.khan@jpmorgan.com Table 124 : GOOG Annual Balance Sheet $ in millions 2007 2008E 2009E 2010E Cash and Cash Equivalents 3,909.0 7,183.3 12, 965.0 ... Januar y 2009 Imran Khan (1- 212) 622-6693 imran.t.khan@jpmorgan.com Table 125 : GOOG Annual Cash Flow Statement $ in millions 2007 2008E 2009E 2010E Operating Activities...

Ngày tải lên: 21/01/2014, 23:20

... 13.5% 12. 5% 2.9% 12. 0% 12. 3% -4.1% -29.3% -33.9% -24.1% -15.5% -3.8% Source: Company reports and J.P. Morgan estimates. 262 Global Equity Research 05 Januar y 2009 Imran Khan (1- 212) ... 82.8 121 .5 124 .0 Cash and cash equivalents, end of period 82.8 121 .5 124 .0 114.8 Source: Company reports and J.P. Morgan estimates. 264 Global Equity Research 05 Jan...

Ngày tải lên: 26/01/2014, 18:20

... FLOWS Capital Expenditures (602.3) (732.9) (750.0) (790.0) Net Investment 216.4 (380.4) - - ST Investment Purch. ( 112. 0) - - - ST Investments Mat. 899.0 - - - Acquisitions (973.6) (209.2) ... Global Equity Research 05 Januar y 2009 Imran Khan (1- 212) 622-6693 imran.t.khan@jpmorgan.com 273 Global Equity Research 05 Januar y 2009 Imran Khan (1- 212) 622-6693 imra...

Ngày tải lên: 26/01/2014, 18:20

... Expense/(Credit) 4.4 0.3 2.7 -7.2 16.4 15.1 18.5 12. 3 12. 2 12. 9 13.3 13.7 Net Profit 39.0 41.1 34.7 53.4 38.4 47.8 46.1 66.3 65.7 69.7 72.0 74.3 Net Profit (excl 123 R option expense) 41.7 44.6 38.2 56.5 ... Global Equity Research 05 Januar y 2009 Imran Khan (1- 212) 622-6693 imran.t.khan@jpmorgan.com Our Estimates and Outlook for 2009 We forecast net revenue of US $12...

Ngày tải lên: 26/01/2014, 18:20