Napster ups Q4 revenue outlook

Posted on Thursday, March 03 2005 @ 23:01 CET by Thomas De Maesschalck

The Napster To Go service - which allows users to download as many music files they want for $14.95 a month - should help Napster to reach higher-than-expected revenues for fiscal Q4.

Before the market opened, the company said it expects revenue to reach $15 million, up from a previous estimate of $14 million. Analysts surveyed by Thomson First Call had forecast Napster's revenue to reach $14.05 million, on average.

More info at MacNewsWorld

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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