Greg Sterling always does a great job with the financials, and he did so with the Yahoo (YHOO) earnings details. Yahoo Q2 Revs: $1.57B, Down 13 Percent But Profit Up 8 Percent from Search Engine Land has those details.

In short, revenue was down 13% but profit was up about 8%. Some thought Yahoo would layoff an additional 5%, but those reports were wrong.

We are all anticipating some Microsoft/Yahoo deal happening sooner then later, so time will tell. The Yahoo home page news failed to excite and the earnings report was not too positive. No wonder 60% feel Yahoo won’t make a come back.

Microsoft (MSFT) is to announce earnings tonight, while Google (GOOG) already announced higher earnings. The real impressive company, to me, is AAPL.

Forum discussion at WebmasterWorld.