The company had losses of $60 million in 2011, which is up from $38 million the year before. Revenue increased to $245 million, up from $97 million in 2010.
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Scooped by Philippe J DEWOST onto cross pond high tech |
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MarketWatch estimates that all of those old phones sitting around are worth $34 billion. (That's allphones, not just smartphones.)
Philippe J DEWOST's insight:
What do you do with your old smartphones ? Those who will address consumer inertia like ReCommerce solutions have indeed a nice market opportunity. Delete the scoop?
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