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April 22, 2008

Yahoo does good enough

Posted by David Hunter at 7:08 PM ET.

Henry Blodget provides a succinct summary of today’s Yahoo quarterly earnings release:

Yahoo has done what it needed to do: report a solid quarter in the high end of the range. The results were not a blow-out and certainly could have been higher. However, they should be enough to allow Yahoo to maintain its current Microsoft stance: no deal unless you raise price. Yahoo has not decided whether to pursue Google outsourcing deal, but clearly still on table.

To make it even more succinct: Nothing’s changed.

Filed under Acquisitions, Coopetition, Google, Microsoft, Yahoo

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