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Yahoo CEO Jerry Yang personally reassures investors

updated 11:30 pm EST, Wed February 13, 2008

Yahoo assures investors

Yahoo CEO Jerry Yang today sent a letter to the company's stockholders in an attempt to reassure investors of its stance on the Microsoft deal. Yang claims that Yahoo is positioned to increase its value by around 60-percent by 2010, by emphasizing on its current business model. Citing the company's Panama search marketing system, Right Media buyer/seller meet-up service, and Blue Lithium marketing system, Yahoo is poised to grow its $2 billion in cash reserves to the double-digits by 2009.

Yang also illustrates that Yahoo is one of the most recognizable and well-used brands in the world, stating that nearly half of the internet's population makes use of Yahoos many services, such as mail, news, home pages, among others.

Yahoo's advertising network is also one of Yang's key points, featuring partners such as eBay, Comcast, AT&T, Forbes.com, Cars.com, Web MD, over 600 worldwide newspapers, among others. Yahoo is said to represent over 90-percent of advertising inventory on the internet.

Yahoo also has definitive positions in the Japanese and Chinese markets, which are both strong and have large growth potential.

"Today, Yahoo! is a faster-moving, better-organized, more nimble company than it was just a few months ago," summarizes Yang. "We have redeployed our resources to drive Yahoo!'s key strategic priorities - taking important steps to streamline our organization and close down or scale back businesses that don't support these critical growth initiatives. We are well on our way to transforming the experiences of Yahoo!'s users, advertisers, publishers and developers - an important shift that is at the heart of our plan to create stockholder value."



By Electronista Staff
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Comments

  1. chadpengar

    Fresh-Faced Recruit

    Joined: Oct 2001

    0

    Yahoo sucks

    I run a small hosting company. Once in a while, Yahoo will start deferring ALL mail that comes from our server, and will not tell us why. It takes them about 2 weeks to even reply to us and then the reply is "sorry, we cannot help you." And we are a hosting company -- ie, a "peer" in some ways. No verifiable spam has EVER originated from our servers and when we try and work with Yahoo to figure out whatever the problem is, we get, after a 2 week wait, a "form letter" type response that reads like it was written by someone who speaks English as a second language (like India or something), is totally non technical and totally useless, and when we try and follow up we get the "sorry we cannot help you" line.

    If you use Yahoo email I would cease immediately and move to a real provider. You don't know HOW MUCH MAIL YOU ARE NEVER RECEIVING. Things like ecommerce receipts and order confirmations and that sort of thing.

  1. jhawk95

    Fresh-Faced Recruit

    Joined: Oct 2006

    0

    Thanks Micro$oft Flamer

    If that doesn't sound like a bunch of lies posted by a Micro$haft employee / Spy, I don't know what it is.

    Who at Micro$haft PAID you to post that? Is this going to be Mocro$hafts new tactic, go to any story which remotely mentions Micro$haft in a negative light and start posting these types of posts?

  1. driven

    Addicted to MacNN

    Joined: May 2001

    0

    Agreed.

    Agreed. I have had nothing but good luck with Yahoo Mail. Granted, their development time to add even simple features is glacial at best, but GMail isn't much better. Besides: Yahoo is the *ONLY* provider that does Push mail to my iPhone. Viva Yahoo Mail!

  1. danviento

    Fresh-Faced Recruit

    Joined: Dec 2005

    0

    don't need no stinking M$

    As he states, Yahoo as a company doesn't gain much by being assimilated into the ungainly leviathan that is M$. I guess all that came of this venture was that Yahoo got some free publicity (which may be good pub. when this bit is released and they reject the offer) and M$ looks all the more desperate.

    Gotta agree about the flamer noted above. I've never had issues with my Yahoo account, especially when it's managed by a POP client like Apple Mail. Of my multiple accounts- Gmail, .Mac, IMAP account,Yahoo, and Lotus, the Yahoo mail connection seems to be the MOST reliable. Maybe it's because it's AT&T, but I'd have to disagree wholeheartedly with chandpengar.

  1. testudo

    Forum Regular

    Joined: Aug 2001

    0

    Re: yahoo sucks

    If you use Yahoo email I would cease immediately and move to a real provider. You don't know HOW MUCH MAIL YOU ARE NEVER RECEIVING. Things like ecommerce receipts and order confirmations and that sort of thing.

    Actually, I would think of all the email you get or don't get, these would be the ones you would know you aren't receiving. It's the mail that isn't sent in response to an action you wouldn't know you were missing.

  1. zeasar

    Fresh-Faced Recruit

    Joined: Feb 2007

    0

    I smell yahoo fan bois...

    Just because it didnt happen to you does not mean it never happened to some of the billions of internet users out there. Oh wait, my bad, I forgot you two were paid by yahoo, my apologies.

    To speak fairly, my yahoo email accounts had only occasionally getting spams where as my hotmail account gets spams every hour.

    But thats not to say I had no problems with yahoo. In a few occasions where my friend sent me multiple emails at once, 1 will turn up and the other didnt until a few days later. So who's to blame here if not yahoo.

  1. danviento

    Fresh-Faced Recruit

    Joined: Dec 2005

    0

    M$ all over again

    With Apple's entry into the mobile handset market, they've done in this industry what they've done in the computer industry: innovate themselves waaaaaaaay out in front of the pack. The irony is almost laughable how the competition is having these panel meetings to figure out how to copy their successful model.

    However, it's going to be necessary. The few companies that broke with their tradion of vice-like control in their business models are reaping the rewards of taking the chance on a product that gives people the control they want. This has the competition scared. What else could ever get them to come to an analytical meeting?

    I doubt it would be easy to copy Apple's software model. Not only does the iPhone leverage the stability of OS X and the best streamlined interface we've seen to date, but it has the installed user base of iTunes, which people don't you JUST for their mobile. I don't see how they could come up with something as successful as iTMS and the new video functionality.

    If any of them try to cherry pick just part of this business model, it's not going to succeed. I doubt any one company has the resources to create a mobile ecosystem similar to this one, and any conglomerate is going to be a hodge-podge in comparison.

    No, I doubt any other handset maker is going to see success in an attempt to copy this business model. They don't have Apple's mentality: "People who want to make good software make good hardware." That doesn't mean people won't try. Just look at M$'s attempts- they succeeded largerly because of their early entry and backstabbing IBM.

    I predict we'll see a large shift towards Apple's method, but nothing will ever match it, especially if Apple keeps on innovating.

  1. danviento

    Fresh-Faced Recruit

    Joined: Dec 2005

    0

    note to self

    in the Win version of safari, don't post when more than one NN article is open in tabs (gets sent to all text boxes).

    My apologies, gents.

  1. Robb

    Fresh-Faced Recruit

    Joined: Feb 2000

    0

    re: yahoo fan bois...

    I had problems with my Yahoo account last week and it took three days to get it resolved.

    Can I have my money now, Mr. Balmer? Oh, you want more?

    Ummm... when I called Yahoo, they said to fix my account, I would have to punch a kitten and then stomp on a rainbow.

    Much better? Thanks Mr. Balmer! No, the money is fine, you don't have to throw a free Zune in on the deal... really, you don't.

    Fanbois1: Hmmmm... methinks not is all as it seems. Fanbois2: What do you mean? Fanbois1: Trouble with his Yahoo account? Have you ever heard such a thing? There can only be one conclusion... he's a Micro$oft employee! Fanbois2: Holy narrowmindedness! You're right!

  1. nat

    Junior Member

    Joined: Mar 2002

    0

    right

    oooh robb, you're so spot on!

    regardless of whether the original poster is from ms or not, his post is ridiculous. it's not different than someone buying a computer that has a bad hard drive and them declaring, with arms waving and much ado, that they'll be damned if they'll ever buy that brand again! or a car, or a...

    things go wrong. one person's experience does not a fiasco make.

    this bloke has his experience. have others? is it common or a singular event? can it be duplicated? what do others in similar situations say?

    for him to come here and declare that Yahoo! must be dumped NOW! is a bit over the top, no? and he posts in an article about yahoo and ms... hmmmmm... says i....

    but hey, go ahead with your "fanboy" rants... i always find these rants amusing. rather like those folks that use "liberal media" as some kind of valid argument. amusing but not much substance.

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