Thanks to solid apps for the BlackBerry and iPhone, Pandora has seen a bump in users of late. The Internet radio service has about 27 million registered users and is adding new ones at a rate of 50,000 to 60,000 a day. Things are going so well for Pandora in fact, that the company may actually, you know, make some money soon.
Pandora CEO Tim Westergren said that the company's revenue from ad sales may double to $40 million this year. According to Westgren, the cash flow may be enough to turn a profit for the first time since the service was launched back in 2000.
"It's a whole new world for us," Westergren described the company's move toward mobile in a recent interview. "It's changed the perception people have of what Internet radio is, from computer-radio to radio, because you can take the iPhone and just plug it into your car, or take it to the gym."
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