Fox Business
Expand
Browse All Video
Watch Live

You're watching...

Leapfrog CEO on Earnings, Tablet

Details

  • Description

    Leapfrog CEO John Barbour weighs in on company earnings and producing educational material.

  • Duration 2:56
  • Date

Clips

Also in this playlist...

Latest Business Leaders

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

-- -- -- Jumping ahead profit up 90% year over year and sales -- 16% the fourth quarter considering to a 28% pop in full year revenue.

And it would rise up 334%.

Net income John barber.

-- CEO he joins us now -- -- here's the thing he just had apple earnings but your stock is down 9% a month.

It's down 20% and six months what's wrong -- this picture.

Well detective -- looked -- -- percent and twelve months.

The company heavily -- -- two years -- years ago and and we had full or of the top ten selling products America protest last year.

And I think you know I'm a shareholder relief program that it -- -- of our prospects and I believe the stock market will -- -- an opportunity area.

Pretty much in the near future now you actually came up with the the company came up with the first leap pad and I think 1999.

Or so.

-- surprise you think are suing apple when they came out of this thing called the iPad panic but -- -- -- coattails no.

You know not really mean there are selling mostly products for children way above the age of -- -- we so no we -- to that question.

Now that was kind of a gift wasn't when apple came up with the media iPad and we thought Michael really -- static comes out at 400 dollars where's your sleeve tattoos and 99 dollar machine that kind of save you any problem at all that it.

Yes you know I think that if you look at it we wanna get as much access for children to the content we create a truly the -- -- the -- -- children's lives.

Everybody wants to talk about tablets but when -- -- -- tablet for the child the first criteria they use.

As the quality and availability of educational content yes nobody makes better educational content certainly from we've been doing -- for over eighteen -- and other key categories the -- -- -- that they -- it's nice and -- Now there's roughly 50% of -- revenue is software rather hardware and you even actually do software that can run on the iPad the rival machine.

Five years out what percentage of revenue might be software instead of the hardware.

I think it really depends what other platforms are going to in the future but I -- -- then.

Continually growing as a share of our business that's again as the content attendees children's lives I give an example there's quite -- looking.

For the first time and history.

America's younger generation is actually be less well educated -- it tells us that's a scary thought and parents know this and their they're looking for every chance they can.

To find fund opportunities to help the kids alone where experts and business OK and just a last quick question here half a billion dollars revenue.

Might you be a great trinket on someone else's charm bracelet of their takeover of possibility here and I think look to be blessed that questions because what we do is very unique and but we're very satisfied with -- opportunity ahead of us that.

The supplemental education market place is growing way faster than and the kids marketplace so.

At the -- and as I think we've got a lot of opportunity go forward to the -- -- company even -- to -- out today all right thanks for being with -- -- -- John Barbour appreciate -- -- thank today.

Load More