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Yahoo! Inc. Message Board

  • goldeagle14 goldeagle14 Jan 25, 2013 11:38 AM Flag

    From Msft 10Q

    "OSD’s operating loss was reduced by higher revenue and lower cost of revenue and sales and marketing expenses, offset in part by higher research and development expenses. Cost of revenue decreased $163 million, driven by lower traffic acquisition costs and Yahoo! reimbursement costs. Sales and marketing expenses decreased $71 million or 19%, due mainly to decreased advertising and corporate marketing activities. Research and development expenses increased $47 million or 8%, primarily reflecting higher headcount-related expenses." Seems to be saying YHOO will be reporting less search income. I sure hope the float has been reduced enough to offset that shortfall in operating income if, infact, there is a shortfall.

    Sentiment: Strong Sell

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