Microsoft CEO sees opportunities in digital advertising
November 15, 2007
Microsoft Chief Executive Steve Ballmer said the company sees growth opportunities in emerging countries and the shift to digital advertising. Ballmer said Microsoft’s sales in 'BRIC' countries — Brazil, Russia, India and China — will grow to almost $3 billion in fiscal 2008 ending in June from about $1 billion three years ago.
It is still only a small percentage of Microsoft’s estimated total revenue of close to $60 billion this year, but the company is working to increase revenue in those countries with new business models and better piracy control measures. Ballmer reiterated the company’s goal to be an advertising “powerhouse,” saying that the $600 billion market for global advertising is moving to digital formats.
Other posts by :
- SES announces €0.25c dividend
- Russia “blinding and destroying” German satellites
- Bank: AST, Starlink, Kuiper targeting $200bn market
- Rivada: Is no news good news?
- SES celebrates Intelsat acquisition
- Pakistan halts broadband direct-from satellite
- India stymies Starlink launch
- Starlink, AST SpaceMobile race for cellular consumers
- Trouble ahoy for foreign D2D satellites over India?