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.
Hide this

Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.

Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.

While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.

–The Techdirt Team


Reader Comments

Subscribe: RSS

View by: Time | Thread


  • 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 MSN.com or Yahoo.com

    link to this | view in chronology ]


Follow Techdirt
Essential Reading
Techdirt Deals
Report this ad  |  Hide Techdirt ads
Techdirt Insider Discord

The latest chatter on the Techdirt Insider Discord channel...

Loading...
Recent Stories

This site, like most other sites on the web, uses cookies. For more information, see our privacy policy. Got it
Close

Email This

This feature is only available to registered users. Register or sign in to use it.