According to a couple of press releases today, it looks like ICANN is going to approve, what I consider the worst and most unnecessary gTLD of all time; .POST The Universal Postal Union (UPU) is the sponsor of the .POST top-level domain. The UPU, is responsible for setting the rules for the universal network of international postal mail exchanges. The CEO of ICANN Rod Beckstrom is quoted … [Read more...]
Archives for October 2009
One & Two Letter .Biz Domains Added To Live Moniker TRAFFIC Auction
Moniker.com announced today that it will be auction off one and two letter .biz at the Moniker.com Live TRAFFIC Auction next week. The live auction takes place on Wednesday, October 28, from 4:00 p.m. to 6:30 p.m. U.S. Eastern time at the New York Marriott Brooklyn Bridge Hotel in Brooklyn, N.Y. Remote online bidding is available at snapnames.com The extended online auction will be held … [Read more...]
Yahoo Earnings: Total Revenues Down, Search Revenue Down, Profits Up
Yahoo reported earnings after the market closed today saying its 3rd Quarter profit tripled to $187 million, or 13 cents a share, from $54.3 million, or 4 cents a share in the same period last year, topping expectations. Net revenues declined 12% from the 3Q last year to $1,575 million, but were slightly above the second quarter of 2009 Other details from the report were: Marketing … [Read more...]
Domainers Here’s My Tip: Don’t Piss Your Money Away
My Good friend Elliot Silver on his blog last week a great 5 part Series last week entitled "Advice from The Most Successful Domain Owners of all time". Although Elliot kindly asked me to give my tip, I passed for a several reasons, one of which was that I had no one great piece of advice for success. The truth is you can achieve success in this business from many different angles and … [Read more...]
Apple’s Best Quarter Ever: Profits Up 47%, Revenue Up 25%
Apple reported its "most profitable quarter ever" after the market closed today. Check out these numbers: Profits up 47%. Revenue up 25% to $9.87 billion. 7.4 million iPhone's sold, up 7% from year-ago. 3.05 million computers sold, up 17% from a year earlier. 10.2 million iPods (down 8%). Shares of Apple were up over 6% in after market trading back over $200 a … [Read more...]
Bankruptcy.Net Sells For $56K Putting SnapNames October Showcase Over $100K
Last week we reported on the Snapnames Monthly Showcase for October. At the time we noted that one of the domains, Bankruptcy.net failed to sell although it had a bid of $50K. Today, according to SnapNames.com the domain Bankruptcy.net sold for $56,250. Nice sale. Snapnames.com also reports, that another domain in that online auction, valuations.com, sold for $7K. So the total for … [Read more...]
Valuations: Get It Right You’ll Be A Multimillionaire, Get It Wrong You’ll Go Broke
The inspiration for this story came in the form of a "joke" press release today. Like most good jokes, the humor worked because it is based on part reality, part exaggeration. The joke brought up a point that I hardly ever see anyone write about, but which maybe the single greatest factor in determining your ultimate financial success; Your ability to correctly value assets. First for … [Read more...]