There is no way they are going to fend off Microsoft now since their numbers were only marginally better.
Net income rose to $542 million, or 37 cents a share, from $1.2 billion, or 10 cents, in the corresponding period a year earlier. On the continuing-operations basis used by analysts, however, earnings for the latest period were 11 cents a share, 2 cents above the consensus estimate reported by Thomson Reuters.
Sales excluding traffic-acquisition costs were $1.4 billion, up 14% from $1.2 billion during the year-ago period. Analysts had expected sales of $1.3 billion.
So basically it was a 2 cent beat and a 14% revenue bump from last year. These are not the earth shattering numbers that they needed to get Microsoft to sweeten their deal. So it looks like it will be a proxy fight for $31 a share and Microsoft will win. I wonder how well a Microhoo (I like Yahoosoft but that won't happen) will actually compete with Google?
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