AOL Profit Falls 86% as Subscribers Keep Fleeing

AOL Profit Falls 86% as Subscribers Keep Fleeing

Mr_Anderson|15 years ago|AOL

Mashable writes: "AOL’s profits fell 86% from the first quarter of 2010 to now, as its subscriptions and advertising revenue continued to suffer.

In a statement, AOL CEO Tim Armstrong tried to find a positive note. He said the quarterly financial report includes a milestone for one advertising revenue stream: display ads."