Yahoo and The Biggest Loser…Shedding Fat

Yahoo ( $yhoo ) gets no respect.

Today, they announced earnings. No one cared.

Yesterday, Apple announced earnings…EVERYONE cared.

After Yahoo announced a tripling of earnings (i imagine all from cost cutting), you CAN’T find one story on TechMeme about them. Apple is still the whole front page. Actually, there is one story on TechMeme…the head of Yahoo Apps ( freaky Bill Gates lookalike) resigned . Oy.

Yahoo is getting lighter for sure. They have gone from an obese 500 pound, ugly American, to a 320 pounder. Still fat, hard to look at and mostly tired, but a flickr (get it) of light and hope.

In my world, if you mention Yahoo, you think of one thing…Yahoo Finance. For all Yahoo’s flaws, Yahoo finance still rocks in it’s aggregation of data. It does everything I need except a normal conversation (go read the comments to Tech Ticker and the message boards) and a completely live, honest and raw video 24 hour finance network. They could fix that pretty quickly :) .

Yes, they should have taken the Microsoft offer, but it’s kind of cool they told Ballmer to stick it. I probably would not have and you know what I think of Ballmer :) .

With a market capitalization on $24 billion and sales of $6 billion it is hard for me to get excited about the stock or company on any kind of valuation or momentum formula. That said, kudos to 12-13 year old company that could be this big, hated, loved and ignored this much.

15 comments

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  3. Chris Selland says:

    “After Yahoo announced a tripling of earnings (i imagine all from cost cutting), you CAN’T find one story on TechMeme about them. Apple is still the whole front page.”

    that says a lot more about TechMeme than it does about $YHOO

  4. ivanhoff says:

    you can't stop yourself from offering ST to any company with cash in the pocket, which is understandable. You try to live up to your name and be responsible to your investors. Which one could be the perfect buyer: Fox Business, The street, Twitter, TD Ameritrade, Google Finance, Yahoo Finance. It makes so much sense for the first two and the last two.

  5. ryangraves says:

    1) That $YHOO apps guy is creepy similar to Gates.

    2) Do you think they could bring sexy back? Do they have it in them to not be ignored or is it an inevitable road of mediocrity ahead? My hunch is that latter.

  6. Speed says:

    Surprising that you would mention Yahoo finance today, and Fred's post mentions Tracked.com, and how, (after having tried it), is so much more better.

  7. Chris Selland says:

    “After Yahoo announced a tripling of earnings (i imagine all from cost cutting), you CAN’T find one story on TechMeme about them. Apple is still the whole front page.”

    that says a lot more about TechMeme than it does about $YHOO

  8. ivanhoff says:

    you can’t stop yourself from offering ST to any company with cash in the pocket, which is understandable. You try to live up to your name and be responsible to your investors. Which one could be the perfect buyer: Fox Business, The street, Twitter, TD Ameritrade, Google Finance, Yahoo Finance. It makes so much sense for the first two and the last two.

  9. Ryan Graves says:

    1) That $YHOO apps guy is creepy similar to Gates.

    2) Do you think they could bring sexy back? Do they have it in them to not be ignored or is it an inevitable road of mediocrity ahead? My hunch is that latter.

  10. SpeedNY says:

    Surprising that you would mention Yahoo finance today, and Fred’s post mentions Tracked.com, and how, (after having tried it), is so much more better.

  11. Guest says:

    Yahoo’s a fallen giant for sure, cool case study for poor strategy and not evolving with the market. When massive tech companies on the web die off their remnants become fertile grounds for start-ups to get planted on. I think the first signs of this are the powerful APIs you see being released, like Yahoo Pipes or Search BOSS – http://bit.ly/uvDoH

    On a much much much smaller scale, kind of reminds me of how tr.im seppuku’d itself to become open source in face of bit.ly’s sheer dominance. Yahoo’s following the same path in face of Google.

  12. sayemislam says:

    Yahoo's a fallen giant for sure, cool case study for poor strategy and not evolving with the market. When massive tech companies on the web die off their remnants become fertile grounds for start-ups to get planted on. I think the first signs of this are the powerful APIs you see being released, like Yahoo Pipes or Search BOSS – http://bit.ly/uvDoH

    On a much much much smaller scale, kind of reminds me of how tr.im seppuku'd itself to become open source in face of bit.ly's sheer dominance. Yahoo's following the same path in face of Google.

  13. sayemislam says:

    Yahoo's a fallen giant for sure, cool case study for poor strategy and not evolving with the market. When massive tech companies on the web die off their remnants become fertile grounds for start-ups to get planted on. I think the first signs of this are the powerful APIs you see being released, like Yahoo Pipes or Search BOSS – http://bit.ly/uvDoH

    On a much much much smaller scale, kind of reminds me of how tr.im seppuku'd itself to become open source in face of bit.ly's sheer dominance. Yahoo's following the same path in face of Google.

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