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Wednesday, July 18, 2012
Yahoo Realized It Might Actually Have An Interesting Earnings Call, So It Put A Stop To That Right Away
Well, that was pretty thrilling. Today we learned that Yahoo's sale of Alibaba is still on track. Meanwhile, its search alliance with Microsoft continues to underperform. Oh, and CFO Tim Morse is pretty excited about the Olympics! Wait, is that not what you wanted to hear about? In that case, the earnings call was probably a snoozefest. To be fair, with a few exceptions (like Apple), these calls tend to be pretty focused on the numbers. Even when the famously brash Carol Bartz was CEO, her earnings comments usually stuck closely to bland talking points. And Yahoo PR warned us that new CEO Marissa Mayer wouldn't be joining the call. If she had joined, it's her first day on the job, so she probably wouldn't have been able to offer anything said.
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