In the first quarter profit slumped by 28 percent to 223 million dollars (156 million euros), as the company on Tuesday after U.S. market close announced. Yahoo surpassed analyst expectations even worse. Quarterly sales slumped by 24 percent to 1.21 billion dollars. However, this was because of recurring income in the prior year quarter and to a change in accounting related to the search engine partnership with Microsoft, Yahoo said.
The two companies joined together in the search engine business to market leader Google better to match wits. Yahoo relies on technology from Microsoft's search engine Bing. Yahoo chief Carol Bartz said here in a conference call to technical problems with the great partner. Microsoft will take longer to achieve the set goals.
Bartz confirmed, Yahoo is on the right path to a sustainable growth in revenue and profit. " It wants to position the Internet pioneer as a "premium content provider. In this way she separated since taking office in January 2009 from parts of companies and stroked in just the past few months several hundred jobs.
The two companies joined together in the search engine business to market leader Google better to match wits. Yahoo relies on technology from Microsoft's search engine Bing. Yahoo chief Carol Bartz said here in a conference call to technical problems with the great partner. Microsoft will take longer to achieve the set goals.
Bartz confirmed, Yahoo is on the right path to a sustainable growth in revenue and profit. " It wants to position the Internet pioneer as a "premium content provider. In this way she separated since taking office in January 2009 from parts of companies and stroked in just the past few months several hundred jobs.
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