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Carbonite CEO admits dropping Limbaugh hurt growth more than expected
Legal Insurrection ^ | Friday, August 3, 2012 at 12:13pm | William A. Jacobson

Posted on 08/03/2012 11:45:23 AM PDT by Olog-hai

Carbonite famously dropped Rush Limbaugh on a Saturday Night at the height of the Sandra Fluke controversy. Carbonite became the poster child for the Rush boycott movement organized by Media Matters, which coordinated the effort with so-called independent groups. …

Since that time the Stop Rush effort has imploded, with backstabbing and accusations among the participants. Limbaugh has had better numbers than ever, and the hype surrounding Mike Huckabee as a Limbaugh replacement has gone flat.

Yet what became of Carbonite?

On August 1 Carbonite released its 2d Quarter 2012 results, the first full quarter after dropping Limbaugh in March. The results shocked Wall Street, as Carbonite did not meet its growth targets, causing multiple analysts to drop the target price. The stock dropped 15% in a day.

Most important, in a conference call held on August 1, the CEO David Friend admitted that dropping Limbaugh damaged Carbonite’s growth, and is likely to do so for at least one or two more quarters. …

(Excerpt) Read more at legalinsurrection.com ...


TOPICS: Business/Economy; Conspiracy; Society; Weird Stuff
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To: DannyTN

They are going to get an even bigger surprise when it comes time for me to renew my subscription. I have canceled the automatic renewal of membership and will take my business elsewhere. I tried to get a refund but they refused.


41 posted on 08/03/2012 12:58:18 PM PDT by Keli Kilohana (Editor, ZARR CHASM CHRONICAL [sic], Sore, WV)
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To: Olog-hai
Carbonite is a rip off to start with , let alone the Rush thing. I had it before they left Rush but since then my computer crashed. I've been trying to get my files they hold brought up to my new computer for two months now with no results. My daughter just got back from out of town and she is a computer expert so before I completely give up, she is going to try one more time to transfer the info. No matter what though, I am through with Carbonite.
42 posted on 08/03/2012 1:04:37 PM PDT by fish hawk (Religion: Man's attempt to gain salvation or the approbation of God by his own works)
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To: Olog-hai

I was just seriously condsidering signing up when the flack started...now it will be never.


43 posted on 08/03/2012 1:09:14 PM PDT by tiki
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To: Olog-hai

What? You mean the left didn’t get behind him and give him tons of business for standing up for them. Guess Slut’s are us is too busy spending their money on sex toys and contraceptives.


44 posted on 08/03/2012 1:19:43 PM PDT by formosa (Formosa)
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To: Olog-hai

I can’t decide which story I like better. This one, or the one about that Adam Smith guy antagonizing the young lady at the Chick-Fil-A drive-up window losing his job.

A good day in the news!


45 posted on 08/03/2012 1:19:54 PM PDT by NEMDF
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To: Olog-hai
Well keep marketing it to strange woman who cry about needing $3k worth of free birth control aka sluts.
46 posted on 08/03/2012 1:22:23 PM PDT by Vision ("Did I not say to you that if you would believe, you would see the glory of God?" John 11:40)
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To: Olog-hai

Carbon what???


47 posted on 08/03/2012 1:24:28 PM PDT by Dogbert41 ("...The people of Jerusalem are strong, because the Lord Almighty is their God" Zech. 12:5)
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To: Olog-hai

I don’t even remember what type of idiot Sandra Fluke was.


48 posted on 08/03/2012 1:28:23 PM PDT by donna ("...gay couples raising kids. That's the American way..." -Mitt Romney, 2007)
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To: I still care

It’s hard to imagine that Carbonite doesn’t have a non-competitive clause in all its executives’ contracts. But if a ‘recently departed’ exec and a current exec are setting up a competing company that is management of the worst imaginable sort.


49 posted on 08/03/2012 1:32:24 PM PDT by EDINVA
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To: Olog-hai

The losses brought about by limo-liberal CEO activism are not so clear for global corporate share holders too see. But every time a Google executive flaps his lips about his radical political and social causes, it costs the corporation good will among potential consumers. JC Pennies...what were they thinking?


50 posted on 08/03/2012 1:33:42 PM PDT by SaraJohnson
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To: PGR88

They are morons. Why would they care about a bunch of liberals threatening to boycott them, when those liberals would never patronize them in the first place simply because they advertise on and therefore support Rush? That is enough for the liberals to ALREADY have been boycotting them, so the Fluke threat was completely empty and anyone with half a brain should have been able to deduce that.


51 posted on 08/03/2012 1:49:19 PM PDT by Boogieman
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To: TSgt

You big dummy!


52 posted on 08/03/2012 2:08:16 PM PDT by TheCause ("that these United Colonies are, and of right ought to be, free and independent States")
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To: Olog-hai

” It turned out to be a bigger hole in our revenue than we had thought when we initially did this. However, I don’t think there was any, I’m not regretful of the decision, I think things would have been worse had we not done that.”
###

This dolt still doesn’t get it. The stock needs to drop by half to get his attention.

Conservative hosts should refuse to read his copy. Let some booth announcer read his crap if the station takes his money.


53 posted on 08/03/2012 2:20:34 PM PDT by SUSSA
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To: Olog-hai

I STRONGLY recommend that people go to the following Huffington Post article and post some comments. As it is, there are quite a few in favor of Rush. My suggestion is to simply talk in terms of business - pretty much say that they weren’t the best, but Rush was their lifeline - and they cut it.

http://www.huffingtonpost.com/2012/08/03/carbonite-ceo-limbaugh-ad-regret_n_1738332.html?icid=hp_front_top_art#slide=754546


54 posted on 08/03/2012 2:40:55 PM PDT by BobL (Cruz'd to Victory - July 31, 2012)
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To: workerbee
I’d love to know how ProFlowers is doing after siding with the Occupy set over Rush

ProFlowers is owned by Liberty Media, a conglomerate controlling many companies. Liberty Media took about a 10% hit in stock price, but has since recovered. They are diversified enough that even if ProFlowers went away, it wouldn't hurt them that bad.

55 posted on 08/03/2012 3:13:58 PM PDT by Crusher138 ("Then conquer we must, for our cause it is just")
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To: Olog-hai

“The European Union is trying to push cloud computing in a big way; even their native businesses and population are still wary of it. Carbonite looked to me like the first vestiges of such an assault on US computing.”

Funny, I have a friend (not upper case) that works for a large company. The company has clients all around the world, and they post their technical information on-line.

Well, a number of clients, in ‘volatile’ parts of the world, would have NOTHING to do with that, and wanted CDs with the technical information - they knew that the company (or really the US government) could pull the plug on their web access to that material.

Smart people there - and maybe something for all of us to think about.


56 posted on 08/03/2012 3:14:51 PM PDT by BobL (Cruz'd to Victory - July 31, 2012)
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To: Olog-hai

Mr. Friend, you’re putting on a brave face, as a CEO must, but I can tell that deep down, you’re suffering.

Let me cheer you up.

Have a Chick-Fil-A.

Cheers!


57 posted on 08/03/2012 3:46:51 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: Stentor

I had a case of wacky droid and fat fingers for that multiple post.

As I go through stuff from long ago in the before time, a good part of what I find hasn’t been looked at since the day it was made and I ask myself why some of this was kept in the first place.

The only special case burns (2 discs) I do are for the higher end photo and HD video.


58 posted on 08/03/2012 3:51:47 PM PDT by wally_bert (It's sheer elegance in its simplicity! - The Middleman)
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To: TSgt

OMG...my GAYDAR is going BONKERS!!! He looks like a FLAMER, but then ALL Lefties look gay.


59 posted on 08/03/2012 4:03:28 PM PDT by Ann Archy ( ABORTION...the HUMAN Sacrifice to the god of Convenience.)
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To: RckyRaCoCo
disceses

I usually make mine after breastfas.

60 posted on 08/03/2012 4:45:28 PM PDT by Stentor
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