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I don’t blog that often the last months, mainly because I have a lot of professional work. It doesn’t mean that I am not awake and listening to the Skype eco-cloud. And better late than never, but here my last analysis of the Skype Quarter 2 results.
Usernames (not equal to USERS!) grew linearly as in the previous months.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEijaZnVy6_LbR1qJ3knZb5C_O6qF6t9LvdCmkDLUTI7jXWykM5UGTh-92M1W6bMiu8GJa9ZslddaJHmEgqCHSiLq-k1m0YvRHYfcu07xCnpxlx-D3gfLNfVFvC6K0xQe7yPbTTLDA/s400/20090726+ScreenShot002.png)
The revenue growth quarter to quarter was in US$ quite stronger than the previous one and in €uro linear! Probably the stronger dollar growth can be explained mainly by exchange rate differences.
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The revenue per user name is still quite stable. As I said many times before, and I will continue to repeat this, this is a useless metric. It would be better if we could have the revenue per active user!
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjD4qjA5X7XAvnm0s6LqaD5RxheOhNC1TIAp6EcwGmsGFXk3hLs5mVqsT-7X-kR52AikEXjU889WuCkVff-adpiAgFb_ljKSjFFmcIQf0WaJB0lgXDGonaY_Cd7Y6sBh6qQP7hjlg/s400/20090726+ScreenShot004.png)
Skype to Skype minutes showed again a slightly less fast growth.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgLDulj17RUsrlpUpM2Gg6iBdM6yNY3wtjzmfz7qxTkI9GP7Yt_NSvLbbBYa6Ll1kykheDRdlrnugPChnf_egqSiTcmHsxB5mIq8RmH5-LSHNjn7_yi3s1-rqVAhz1v7iQC7siTfg/s400/20090726+ScreenShot005.png)
SkypeOut minutes showed also and again a lesser growth!
Financially this was a good quarter, in US$. But, I am a little worried about the slower growth of Skype minutes. Is Skype beginning to saturate? I am curious about the growth of users online in September, after the yearly summer recession. Only then I’ll know if my concern is justified.