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Old 12-25-2011, 01:09 PM  
rowan
Too lazy to set a custom title
 
Join Date: Mar 2002
Location: Australia
Posts: 17,393
Quote:
Originally Posted by porno jew View Post
update: This week, they lost around 72,000 domain registrations. At a yearly discounted rate of $6.99 (most registrations are higher), that’s over half a million dollars per year.

http://www.techi.com/2011/12/godaddy...ts-not-enough/
That's gross sales only. They still have to pay a wholesale rate for the domain registrations, for those who don't get caught with any upsells the margin is near zero, maybe even a loss. I've seen a couple of articles about this that seem to make the assumption that selling a domain costs nothing and the profit margin is 100%...
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