AOL's problem is it largely depends on two declining sources of traffic, people who use AOL to get online and Web-based AOL.com email users.
The numbers seem to show declines in Web-based email aren't worth fighting. Teens don't like to use email and older adults check their email in apps on their phones.
Across the entire Internet, Web-based email was up a mere 1% in September 2012 over September 2011. AOL Mail is down 8%. Yahoo Mail is down 16%. Hotmail is down 18%.
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