Maybe all RealNetworks
This should have been a challenging year for the company. Apple Computer
The company's bottom-line revival comes at a time when it is ramping up its marketing spending as well as running up a legal tab in its antitrust litigation against Microsoft
Granted, RealNetworks is a cash-rich outfit. It won't be left smarting even if it goes through with a $75 million share buyback to take advantage of its historically cheap price.
The company is still looking to grow revenue by 21% to 25% this year. Earnings for all of 2005 are expected to come in between $0.06 and $0.08 a share. Those are figures worth watching because a price war or a pesky rival dropping out can skew the results one way or the other. For now, at least, there is harmony in the digital media giant's world.
Here are some other headlines from RealNetworks' past:
- The company's Rhapsody Blue announcement was more hype than substance.
- Still, it's a noble effort to try to win market share in the highly contested digital-music space.
- In January, it posted its 11th consecutive quarterly loss, though the red ink came with an asterisk.
Longtime Fool contributor Rick Munarriz wonders if Bohemians really dig Rhapsody. He does not own shares in any of the companies mentioned in this story. He is a member of the Rule Breakers analytical team, seeking out tomorrow's great growth stocks a day early.