Saturday, May 29, 2004

Yusuf Mehdi Address to Institutional Investors at Goldman Sachs 5th Annual Internet Conference

Yusuf Mehdi Address to Institutional Investors at Goldman Sachs 5th Annual Internet Conference: " couple words about those businesses: On the communications side we have a lot of assets that we've built around, but in general I would say all of our aspirations about what we want to do as a business and for consumers pivot on Hotmail and Messenger. Hotmail is upwards now of 190 million people that use the service on a monthly basis and I guess just a fun fact there that 35 million more mails are sent every day than the UPS delivers physically in terms of the amount of mail that goes through that system. In fact, our total number of users would rank Hotmail as the sixth largest country just to give you a sense of the size of the thing.
And Messenger, four years ago we didn't have MSN Messenger. Today we have 120 million users. And at any given time there are probably 12 million people talking one-to-one on the service. It's really become a pretty amazing set of services.
On the information side for our business a couple of different things there. It continues to be the most popular destination on the Web with 350 million people that come once a month to someplace on the network somewhere in the world. We're in more countries than any other provide, Yahoo, Google, AOL included. We're in more languages and that worldwide growth and globalization has helped us get this success."
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