Yahoo - Does it still have a future?

[temi]

Yahoo profit result was disappointing while Google's keep rising and rising all the time.

Yahoo refused to sell to Microsoft who could have move their business to a new level.

What do you think of Yahoo's business strategy, I think the only way for them is down and down as a search engine

 

[jaibin]

Yahoo decided to cut at least 1500 employees from their work due to crisis in economy. Their net profit for the third-quarter of the year was US$54 million, or four cents per share, down from US$151 million and 11 cents per share during the same period of 2007. Economic slowdown has hurt the firm particularly hard as advertisers cut back on spending. Yahoo has been losing ground on the internet to companies such as Google, MySpace and Facebook. In my opinion, Yahoo will sell to Microsoft, then this company will exist in future.

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Jaibin