State of the Opera: Q3 2008 – great Desktop growth

The financial results for the third quarter of 2008 are in. I feel that I'm repeating myself over and over, but again, there is growth across the board, revenues are increasing, profits are increasing, and Opera has a lot of cash available. The growth is also expected to continue into 2009. …

  • The overall revenue increase is 53% since Q3 2007, with expenses up 38%
  • Desktop revenue is up 62%(!) since Q3 2007
  • The number of desktop users is now more than 30 million. It grew by 20% in Q3 (up 40% since the end of 2007, and 55% since Q3 2007) due to the launch of 9.5
  • Desktop case studies: Russia has grown by 112% in the last 12 months (and Opera apparently has a 25% market share), while Indonesia has grown by 115%
  • Opera Mini had 21 million users in October (usage is up more than 400% since Q3 2007!)
  • Internet Devices revenue up by 50% since Q3 2007
  • Opera Software had 579 employees at the end of the quarter, expected to reach 620+ by the end of the year
  • The goal for the Consumer business unit (Desktop, Mini) is to "prioritize the most strategic features and functions"

During the presentation, Jon made a point out of looking into the webcast camera and thanking the Opera community πŸ™‚

For more details, you can read the quarterly report and presentation, and watch the webcast. Needless to say, the future still looks very bright for Opera. Everything is moving in our direction, with no signs of things slowing down it seems.

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14 thoughts on “State of the Opera: Q3 2008 – great Desktop growth

  1. Desktop revenue is up 62%(!) since Q3 2007

    Does that mean we get preferential treatment now?

    The goal for the Consumer business unit (Desktop, Mini) is to "prioritize the most strategic features and functions"

    I read that as cater to the majority while ignoring the minority. Weird. Did this goal change? It seems to be the same current way of thinking.I'm glad to see things are still up and to the right.

  2. Originally posted by 3Q08 Presentation:

    My Opera 1,747 signups per day (average)

    It should be 1,830 signups.

  3. Congrats. With peregrine coming out next week (hopefully) Q4 should be even better for opera. i really hope v10 delivers and meets my very high expectations from opera.keep up the good work.

  4. I'm afraid there are no reliable sources for global market share. There are too many possible error sources. And when you know that companies like Net Applications manipulate their own statistics and the media uncritically echoes their reports, it goes without saying that you can't trust these kinds of statistics. At all.Here's another post on error sources when doing browser stats:http://virtuelvis.com/archives/2005/05/statistics-nonsenseThe fact is that Opera is forced to completely duisguise as other browsers (report as being Firefox or IE rather than itself) for several major sites. This must no doubt affect browser statistics. But what can we do? Either Opera gets under-reported, or even more sites will break.

  5. Anonymous writes:NetApps under-reports Opera because they edit their own stats, and because Opera has more efficient caching than other browsers, leading to fewer hits. So #2 is not "Opera users browse the web less", it's "Opera users have a browser which requests resources with lower frequency". Also, Opera spoofs as other browsers for lots of sites.

  6. Anonymous writes:

    There are roughly 1 billion internet connected desktops (plus or minus 100M) and so if Opera has 30M desktop users, that makes Opera about 3% of the global installed base of internet users. That's *users* and not usage, so not comparable to what's said at sites like NetApplications which puts opera *usage* at just under 1%.There are a few ways to read that discrepancy. 1) NetApplications under-reports Opera usage. 2)Opera users, on average, browse the web less (les time or fewer sites) than other browsers. 3) Opera users are not exclusive to Opera, using I.E. or Firefox for some of their browsing.It could be any one of those factors or some combination of all three.The only other browser company to release its user numbers is Mozilla Corporation. They state 200M users and that roughly agrees with NetApplications 20% usage assuming average usage and an internet of 1 billion users. Obviously, when dealing with a much smaller sample, like Opera which makes up a maximum of 3% of the users (according to its own numbers above) there is more opportunity for a biased sample to lead to poor reporting. I think that reasonable people can agree that Opera's share of browsers is somewhere between what NetApplications says and what Opera says. If I had to guess, I'd split the difference and I'd say 2% is a reasonable estimate.

  7. Id say Opera has at least 2% maybe more

    The number of desktop users is now more than 30 million. It grew by 20% in Q3 (up 40% since the end of 2007, and 55% since Q3 2007) due to the launch of 9.5Desktop case studies: Russia has grown by 112% in the last 12 months (and Opera apparently has a 25% market share), while Indonesia has grown by 115%

    Wow Opera is growing!

  8. Anonymous writes:Opera is growing in absolute numbers for sure but the whole Web is growing too so Opera must grow faster than the growth of the Web or Opera will actually be losing market share to other browsers, especially the other browsers that come bundled with new computers.

  9. Anonymous writes:Except the market share is clearly bogus since Opera has 3 times as many users as Chrome and they still claim that Chrome has a higher market share. So no one knows the actual market share.

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