Haavard

State of the Opera: Q2 2011

Thursday, August 25, 2011 10:00:00 AM

The financial results for the second quarter of 2011 were announced yesterday. This was Opera's best quarter ever, with new revenue and profitability records. Overall revenue was up 27%, but without the negative impact of the foreign exchange rates this would have been as high as 38%.

The guidance for expected revenues and profits for the rest of 2011 was also raised somewhat.

The user growth on Desktop was 20% compared to Q2 2010, while Opera Mini nearly doubled. Opera now has more than 200 million active users in total.

More information from the report:

Desktop revenue up 19% (it is now 33% of our total revenue)
Internet devices revenue up 32%
Expenses up 21%
The number of Opera Mini users surfing through operator deals: 16.2M in June 2011, up 260% from June 2010
115 million "regular" (not from operator deals) Opera Mini users
55 million desktop users
200+ million users of Opera in total
Wins: MTN deal, and an extension of Vodafone agreement (now with co-branded Mini version)
Strong with chipset manufacturers: Spreadtrum, Qualcomm...
Increasing volumes on TV
Mobile Consumer & Publishers revenue up 200% vs. Q2 2010 (thanks to AdMarvel)
AdMarvel serving 50B+ ad impressions per quarter
Opera Mini revenue up 80%
20 countries had more than 1 million Opera Mini users in June 2011, vs. 5 in June 2010
Strong focus on Android
Opera Mobile Store has more than 1.6M downloads per day (#6 app store globally)

Debunked: A Polish video did NOT predict the explosion in Oslo on July 22Full ECMAScript 5.1 support in Opera still means that test262 is more than just marketing

Comments

sirnh1 # Thursday, August 25, 2011 10:11:10 AM

115 "regular" (not from operator deals) Opera Mini users

Don't you mean 115 million or 115% or something? 115 users for opera mini sounds kind of low...

Sam Van den VonderHuRRaCaNe # Thursday, August 25, 2011 10:23:56 AM

But, in Q1 the desktop had 55 mil users too? Where is the 20% growth coming from?

I don't know how these things work. Is it 20% growth compared to Q2 last year?

ClashCityRockerclashcityrocker # Thursday, August 25, 2011 10:36:39 AM

No hints on Opera 12 in presentation :-(

Daniel15daniel15 # Thursday, August 25, 2011 10:46:10 AM

Originally posted by sirnh1:

115 "regular" (not from operator deals) Opera Mini users
Don't you mean 115 million or 115% or something? 115 users for opera mini sounds kind of low...

Yeah, pretty sure it's 115 million (seeing as the previous sentence has numbers in the millions).

Jan StandalThink # Thursday, August 25, 2011 11:20:06 AM

Originally posted by HuRRaCaNe:

But, in Q1 the desktop had 55 mil users too? Where is the 20% growth coming from?

I don't know how these things work. Is it 20% growth compared to Q2 last year?

Correct. That's the typical way financial results are presented.

dualbore # Thursday, August 25, 2011 1:35:26 PM

115 "regular" (not from operator deals) Opera Mini users

I'd love to get to know the other 114

Charles SchlossChas4 # Thursday, August 25, 2011 2:26:38 PM

Opera Mini getting even more popular

Rafael Luikrafaelluik # Thursday, August 25, 2011 5:45:53 PM

d4rkn1ght # Thursday, August 25, 2011 9:26:22 PM

Fantastic!

Constantine Vesnac69 # Friday, August 26, 2011 8:27:43 AM

Glad to see revenue growth

But what about StatCounter data ? From 4.8% to 3.6% global share. Basicly, you pick any country where Opera was huge/visible, and look. Chrome on desktop, default Android on mobile are overtaking. Considering the fact that default Android browser will be replaced with Chromium soon - it looks like we are about to enter new mono-browser era ...

p.s.: of course, share percents might lower, while absolute numbers might grow, and the "losses" we see on graphs are just new users in poor countries (or new devices in rich ones).

Strong with chipset manufacturers: Spreadtrum, Qualcomm...

and what about MediaTek ?

Also, Opera does not exist in South America, and after Chrome took over it - it doesn't seem much of chance to sneak in that region. Any ideas why ?

Yet, there is a known example (albeit, anecdotal) that Opera can take new markets FAST:
http://gs.statcounter.com/#mobile_browser-MX-monthly-201007-201107
Maybe its worth analyzing this example ?

Anton DiazAntonDiaz # Friday, August 26, 2011 11:51:38 AM

Great!

Unban me on Twitter, please.

Jimtoyotabedzrock # Friday, August 26, 2011 7:49:49 PM

Looks good.

Is there any advantage to the Mini users who use the Operator sponsored versions?

Haavardhaavard # Saturday, August 27, 2011 1:37:14 AM

Originally posted by toyotabedzrock:

Is there any advantage to the Mini users who use the Operator sponsored versions?

A lot of operators offer zero-rated access to content. For example, they may offer free access to Facebook (that is, you will not have to pay for any data traffic related to that site). That, and the operator's own services are often zero-rated (again, meaning that you don't pay for data when using these services/sites).

Swapnil RustagiSwapnil99pro # Saturday, August 27, 2011 9:44:51 AM

Originally posted by clashcityrocker:

No hints on Opera 12 in presentation :-(

This is not a product development presentation, is it? This presentation is about revenues and usage of Opera products.

Daniel HendrycksDanielHendrycks # Saturday, August 27, 2011 3:44:04 PM

Originally posted by Swapnil99pro:

This is not a product development presentation, is it? This presentation is about revenues and usage of Opera products.

Before they've hinted about new iPhone versions and such.

Swapnil RustagiSwapnil99pro # Saturday, August 27, 2011 4:39:20 PM

Originally posted by DanielHendrycks:

Before they've hinted about new iPhone versions and such.

Sorry I never read these type of reports before.

Jimtoyotabedzrock # Saturday, August 27, 2011 6:58:41 PM

Originally posted by haavard:

That, and the operator's own services are often zero-rated (again, meaning that you don't pay for data when using these services/sites).

Are you guys hosting their operator specific services?

Or are they paying to have Opera Mini branded and or the right to install it on every phone?

Ilgaz # Sunday, August 28, 2011 1:52:09 PM

Mysterious thing and sorry for not naming very large operator.
I downloaded Opera Mini for an S60 (not v3 I guess) user from operator and while Opera Mini site allows you pick a signed version, it was downloaded directly unsigned which really nags the user (can't allow network access all time). Wonder if it is the operator choosing unsigned? And for which reason?

ChrisSlamdex # Tuesday, August 30, 2011 7:40:33 AM

Originally posted by c69:

But what about StatCounter data ? From 4.8% to 3.6% global share. Basicly, you pick any country where Opera was huge/visible, and look. Chrome on desktop, default Android on mobile are overtaking.

You can't trust StatCounter. They admitted to not weighing their data properly. They seem to think it's "purer" that one user in the US has a bigger effect on the stats than one user in Russia.

Also, I think Opera is included in the Android stats.

Swapnil RustagiSwapnil99pro # Tuesday, August 30, 2011 12:04:46 PM

Originally posted by Slamdex:

You can't trust StatCounter.

Yep. Net Applications is much more trusted. You know StarCounter has recently reported that IE 's market share dropped to LESS than 40%.

Constantine Vesnac69 # Tuesday, August 30, 2011 12:37:29 PM

i appreciate your sarcazm:

Microsoft Internet Explorer 52.71%
Firefox 21.47%
Chrome 13.49%
Safari 8.10%
Opera 1.65%
Opera Mini 1.25%

http://marketshare.hitslink.com/browser-market-share.aspx?spider=1&qprid=0

Yet, NetApps are living in their nice galaxy of united states of america, and inferior life forms from other places pose no interest to them.

Maybe StatCounter is not perfect, but its the best of free global counters stats, that we can have access to.

IE share is falling, nothing strange, considering the fact that you cannot get IE9 on WinXP.

Swapnil RustagiSwapnil99pro # Tuesday, August 30, 2011 1:30:04 PM

Originally posted by c69:

considering the fact that you cannot get IE9 on WinXP.

And IE 10 on Vista.

Originally posted by c69:

Maybe StatCounter is not perfect, but its the best of free global counters stats, that we can have access to.

I never trust StatCounter. Statistics published by it are really difficult to believe.

ChrisSlamdex # Tuesday, August 30, 2011 7:32:25 PM

Originally posted by c69:

Maybe StatCounter is not perfect, but its the best of free global counters stats, that we can have access to.

Really? And this has been objectively determined? As far as I can tell Statcouter is as crappy as the rest of them. Especially since they make Russians count less than Americans in their stats, which makes their stats useless.