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Yahoo! Inc. (NASDAQ: YHOO) Chief Executive Jerry Yang is going to have to convince investors that the company he helped found in 1995 still matters when it reports fourth quarter results later today. It's not going to be easy.

The most visited Web site is expected to report its eighth straight quarter of declining profit. according to Bloomberg News. Analysts surveyed by Thomson Financial are expecting an average profit of 11 cents on revenue of $1.41 billion. Expectations, to put it kindly, are real low.

The view of Sanford Bernstein analyst Jeffrey Lindsay quoted by Bloomberg that Yahoo ``just isn't generating anything like the resources they need to really stay in the game" is typical. Yahoo shares have plunged more than 27% over the past year.

Unfortunately, Google Inc. (NASDAQ: GOOG) isn't the only company taking a bite out of Yahoo which trails the search engine giant in every conceivable metric. Social networking sites such as Facebook continue to siphon away young users coveted by advertisers as are smaller niche sites, forcing Yahoo to offer rate discounts to advertisers.

Continue reading Yahoo faces eighth straight profit decline

Yahoo faces eighth straight profit decline originally appeared on BloggingStocks on Tue, 29 Jan 2008 12:12:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>display advertisingDisplayAdvertisingfeaturedgooginterent advertisingInterentAdvertisinginthenewsportalssearchyhooTue, 29 Jan 2008 12:12:00 EST<![CDATA[Four of five portals will die, says Hindery: death to Google?]]>http://www.bloggingstocks.com/2006/06/27/four-of-five-portals-will-die-says-hindery-death-to-google/http://www.bloggingstocks.com/2006/06/27/four-of-five-portals-will-die-says-hindery-death-to-google/http://www.bloggingstocks.com/2006/06/27/four-of-five-portals-will-die-says-hindery-death-to-google/#commentsFiled under: , , , , , , , , , ,

Is it more inflammatory in a headline to say, "death to Google" than "death to AOL" or "death to Yahoo!"? That seems to be what everyone's going with, today.

Because today is the day that everyone's reviewing the keynote speech of longtime cable exec Leo Hindery, at the Convergence 2.0 conference yesterday. Hindery (representing the "Washington Insider" viewpoint but, seemingly, attacking his subject matter in an Infrastructure-is-King Insider kind of way) represented the media universe as consisting of three pillars:

  • Content (ABC, NBC, Disney, Time Warner's content side?),
  • Portals (Google, Yahoo!, AOL, MSN, and eBay) and
  • "Non-Broadcast Distributors" (notably, cable and the satellites)

He put numbers to everything, so I can make fun of it more easily. Portals have a collective market cap of $225 billion, he says. Advertising represents two-thirds of this, or about $150 billion. But as the content that makes up the backbone of these portals is non-proprietary, it will be easy for the content providers to steal that money away.

Hence, death to Google. And three of the other four (I haven't found where he said which of the content providers would survive).

Continue reading Four of five portals will die, says Hindery: death to Google?

Four of five portals will die, says Hindery: death to Google? originally appeared on BloggingStocks on Tue, 27 Jun 2006 14:53:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>2.0convergenceconvergence 2.0Convergence2.0deathdieleo hinderyLeoHinderyportalportalsportals diePortalsDieportlandweb 2.0web convergenceWeb2.0WebConvergenceTue, 27 Jun 2006 14:53:00 EST