Yahoo's Q1 Profits: $542.2 Million

Apr 24, 2008 • 10:40 am | comments (0) by | Filed Under Yahoo News

Yahoo News reports on Yahoo's Q1 earnings of $542.2 million, which is substantially higher than 2007's Q1 earnings of $142.4 million.

Forum members are hoping there can be insights into this financial gain. WebmasterWorld moderator martinibuster quotes Jerry Yang's comment: "Not only does Yahoo! have a unique franchise, it increasingly has industry-leading tools, technology and, most importantly, people."

He adds that Yahoo is shutting down their tools that aren't yielding results (e.g. Yahoo 360 and Yahoo Music Jukebox). It's interesting to note that Yang says that Yahoo has great people, though. Does he also mean the employees that were laid off in January?

Forum discussion continues at WebmasterWorld.

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