Feeds

Yahoo! Sales! Down!

Surprised? No, we didn't think so

  • alert
  • submit to reddit

The essential guide to IT transformation

Yahoo! has emerged from Q3 with a profit - of sorts. The company has posted a pro forma net income of $8.4m (Q3, 2000 $81.8m) on sales of $166.1m, a big slide on Q3 last time around when it raked in $295.5m.

However, the real net loss, which includes a writedown on investments of $17.1m was $24.1m, compared with real net income of $47.7m for the same period last year.

Yahoo!'s results show that it is by no means a busted flush. The company retains top slot worldwide "in terms of unique users, reach, and time spent". That's what Nielsen/NetRatings recorded in August this year.
The company's global audience of the quarter was 210m unique users, compared with 166m uniques same time last year. And the average traffic was 1.25bn page views a day in September.

The immediate challenge is to make decent money from this immense traffic. With the collapse in dotcom sentiment, the wholesale transfer of capital from VC houses to advertising outlets such as Yahoo! has dried up. That makes life much harder.

And any which way you look at it, Yahoo! is weaker financially and strategically than AOL and MSN, its two major rivals. ®

5 things you didn’t know about cloud backup

More from The Register

next story
Microsoft exits climate denier lobby group
ALEC will have to do without Redmond, it seems
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
BYOD's dark side: Data protection
An endpoint data protection solution that adds value to the user and the organization so it can protect itself from data loss as well as leverage corporate data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?