Yahoo's Earnings Disappoint; Company Insists Strategy Is Working

from the the-process-is-working. dept

Yahoo came out with earnings after the bell today, and once again the street was unhappy with the results. In the midst of a tremendous boom in internet advertising, the company's sales only grew by 7%, suggesting that Google continues to eat the company's lunch. On the company's conference call, CEO Terry Semel was asked about the Google's acquisition of DoubleClick, a company that Yahoo does a lot of business with. Semel's reaction was that the deal validated Yahoo's strategy over the past few years, which is the kind of thing that's only ever said by companies that have their backs up against the wall. Of course, deals don't validate strategies, earnings do. Unless the company can start to gain back market share and rapidly grow its earnings, it's hard to defend the company's current course.

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  • identicon
    Overcast, 18 Apr 2007 @ 6:15am

    Yahoo was a good site until they started putting so much garbage on their main page...

    It was then I started looking for another search site and found google.

    Simply because Yahoo took too long to load. I'll never 'deal' with a startup page that takes more than a few seconds to load.

    I have a lot of RSS feeds on my google startup page, but it still loads fast. There's not a lot of banners and other BS loading up, like or

    reply to this | link to this | view in chronology ]

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