Yahoo's Q3 2008 Earnings Announced

Oct 23, 2008 • 9:58 am | comments (0) by | Filed Under Other Yahoo Topics

Yahoo has released its Q3 earnings report with some interesting observations. First, the earnings this quarter are $1,786 million, which is a a 1 percent increase compared to $1,768 million for the same period of 2007.

Currently, fifteen thousand employees work for Yahoo (though layoffs are being reported), and some forum members wonder why. Most importantly, they wonder why Yahoo's CEO is still in play especially given the huge missed opportunity with the Microsoft deal. Here's one statement about the poor direction of Yahoo:

Yahoo, IMHO is terribly mismanaged to the point that it no longer is credible as a search engine or directory as search results are severely lacking.

There's still hope, though, as some people say. Yahoo needs to be a lot more innovative. The question, probably, is: how?

Forum discussion continues at WebmasterWorld.

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