Yahoo! positioned for accelerated financial growth says Jerry Yang
link: http://yhoo.client.shareholder.com/press/releasedetail.cfm?ReleaseID=300145
“Yahoo! is positioned for accelerated financial growth - we have a powerful consumer brand, a huge global audience and a highly profitable operating model,” said Jerry Yang, the Company’s co-founder and chief executive officer.
“With industry-leading tools, technology, people and platforms, Yahoo! is poised to capture growth in display advertising where we believe growth will be greatest. Combined with our recent progress in search monetization, Yahoo! is well positioned to provide the broadest range of products to our advertisers while delivering the most compelling experiences to users.”
What we think?
This means that Yahoo! is yet again saying “no” to Microsoft and clicking its heels together three times. We fear for its own downfall as Yahoo! is not the brand that Microsoft or Google is. Being the leader of display advertising is one thing. Losing email users to gmail is another.
Perception is 99% of value and the fact of the matter is that Yahoo! hasn’t got the acclaim of Google or Microsoft in the business and enterprise space.
See also powerpoint slides at Tech Crunch.
*Sorry for the losing/ loosing typo before as some rather rude man pointed out.
Related News:
Leave a Comment