Kara Swisher

Recent Posts by Kara Swisher

Yahoo 3Q Earnings Slides: The Good, the Bad and the Revenue Ugly

BoomTown will begin livebombing, oops, liveblogging the Yahoo third-quarter conference call with Yahoo execs and Wall Street analysts in five minutes.

Until then, please peruse the slides the Silicon Valley Internet giant has provided.

Here is a primer to the just-released results:

Net income: Slightly above investor expectations with operating margins improving nicely to 12 percent from six percent a year ago. CEO Carol Bartz sure can cut costs.

Revenue: Uh oh. Down from downer expectations to $1.12 billion, which is minus traffic acquisition costs. Bartz sure needs to juice the advertising sales team.

Page-view growth: Also down four percent. Time to prod the editorial and products team.

Employees: Up seven percent to 14,100.

Owned and Operated Search Revenue: Down seven percent.

O&O Display Revenue: Up 17 percent.

Big plus: Yahoo’s Japan and China assets ad up to $10 billion in value!

Well, you can crunch away on numbers as well as I can:

Q310EarningsPresentationFinal


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work