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Straight to the Point
"Yahoo Profits Up or Not?"
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Based on the stories I'm reading there is a little confusion about whether Yahoo's profits were up or not.
The Wall Street Journal says yes:
"Yahoo Profit Lifted By Alibaba Gain"
MarketWatch say no, they were artificially grown by IPO and takes the China angle: "
Yahoo's earnings boosted by China holdings"
TheStreet says hell, yes:
"Yahoo!: How Do You Like Us Now?"
All in all it's a bit confusing- a result, I'd guess, of armies of Microsoft and Yahoo flacks arguing opposite points as Yahoo tries to maneuver itself into a higher valuation.
posted by Straight to the Point at
5:01 PM
on Apr 22, 2008
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"Yahoo Profits Up or Not?"
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