Yahoo announced their earnings Tuesday night and it was not pretty, especially on the search side. Search revenue was $357 million, a 19 percent decrease compared to $440 million for the first quarter of 2010.
Carol Bartz threw Microsoft, their search ad partner (the ones Yahoo sold out to and gave up on search for), under the bus.
Yahoo’s CEO, Bartz said:
Danny covered this well under his story named The Yahoo Search Revenue Disaster. A picture tells the story well:
Anyway, it is just Yahoo’s sad story that continues on and on.
Forum discussion at WebmasterWorld.
