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Friday, April 20, 2007

Yahoo's Earnings not what was Expected.


Despite the fact that the company has reached #1 in Alexa rankings, it has failed to surpass it's gross expectations for the 1st Quarter. Based on the earnings of the first Quarter of 2006, Yahoo's 2007 earnings fell by 11%. Even so, Terry Semel, president of Yahoo, commented on how he is, "Satisfied by the companie's results and that it has performed just as it was expected." Wallstreet states otherwise by saying that the projected earnings were far more superior than what Yahoo has achieved.

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