Showing posts with label thestreet. Show all posts
Showing posts with label thestreet. Show all posts

Tuesday, April 22, 2008

Yahoo Profits Up or Not?

Based on the stories I'm reading there is a little confusion about whether Yahoo's profits were up or not.

The Wall Street Journal says yes: "Yahoo Profit Lifted By Alibaba Gain"

MarketWatch say no, they were artificially grown by IPO and takes the China angle: "Yahoo's earnings boosted by China holdings"

TheStreet says hell, yes: "Yahoo!: How Do You Like Us Now?"

All in all it's a bit confusing- a result, I'd guess, of armies of Microsoft and Yahoo flacks arguing opposite points as Yahoo tries to maneuver itself into a higher valuation.