Yahoo leaks and more cuts could loom
January 27th, 2009
ADOTAS — Yahoo will be releasing its Q4 results tomorrow, with analysts expecting a revenue and profit drop.
While Yahoo’s search will still be strong, display advertising, its main business, is expected to show the biggest dip. Despite massive layoffs, ‘giddy like school girls’ investors will want more cost cutting and a clear plan to win back market share from Google and others. It’s unlikely that they will get that tomorrow.
Speculation is rampant about new talks with Microsoft or a possible deal with AOL. Steve Ballmer has said that he would like to do a search deal with Yahoo, though CEO [...]”
(Via Adotas.)
