January 30, 2008
Yahoo! Still at Crossroads
Everyone is dumping on Yahoo! due to its lack of financial performance in line with analysts' estimates. No matter how much money the company makes (or doesn't), they are not in Google earnings territory. The stock values are light years apart which is one reason why analysts get down on the company. That's just one for a company that has the most visited site on the Internet but can't seem to make as much money from ads as Google. Even though the company re-upped the co-brand with AT&T, the latter company got better terms than the prior agreement. Yahoo! is now forecasting a rough upcoming fiscal year and has resorted to layoffs to meet financial targets.
Disclosure: I am a home subscriber to AT&T-Yahoo! broadband service, though I tend to ignore the Yahoo! component of that service. Like a lot of people, I Google instead.
January 30, 2008 | Permalink
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