Carbonite CEO admits dropping Limbaugh hurt growth more than expected

Remember how the left was going to destroy Limbaugh?? LOL, he is still here tormenting liberals and Carbonite? Better change their name.

Carbonite CEO admits dropping Limbaugh hurt growth more than expected

» Carbonite CEO admits dropping Limbaugh hurt growth more than expected - Le·gal In·sur·rec·tion

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.

At the time I examined Carbonite’s SEC filings, and how Carbonite had built its business model based on high growth driven, in significant part, by the promotion of Carbonite by Limbaugh. I predicted that Carbonite had shot itself in the foot, and put political correctness before the interests of its shareholders.

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. (h/t reader W)

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.

 

Good, let that be a lesson to them.
If the man's audience is good enough to earn them piles of revenue on it might also be good enough to remain loyal to those who support his freedom of speech.

 

Limbaugh....

Sheesh....

 

BUT, he also said it would have been worse if he hadn't.

Carbonite CEO: Limbaugh Ad Pullout Hurt Company, But 'Things Would Have Been Worse Had We Not Done That'

 

Like I said in an earlier post.
Rush's pimp hand is strong....
Many have tried to take on El Rushbo.
They have all failed.

 

He actually said, "I think things would have been worse had we not done that."

Guess we'll never know for sure will we...

 

LOL, sounds like the obamabots claiming his economic disaster would be even worse had he not caused it. Too funny.

Yeah carbonite can make any claim they want the proof is in the numbers. They made a bad choice.

 

I applaud the CEO for rejecting HATE.

 

The left sure like to project their hate into every single conversation.

 

Where's the fat whore who told me the other day that it's only liberals who start threads about Limbaugh?