Thread: Advertising lifts Yahoo Profit
01-19-2005 05:55 PM #1
- Join Date
- Aug 2004
- Blog Entries
Advertising lifts Yahoo Profit
Yahoo is enjoying a boom in online advertising
Internet giant Yahoo says a boom in online advertising helped it to more
than double fourth-quarter profits.
Excluding profits from the sale of some investments, it made a profit of
$187m (£143.2m) in the last three months of 2004, up 149% on $75m a year
Quarterly sales totalled $1.078bn, a 62% rise on 2003.
"This was also the year in which we witnessed the beginning of a tipping
point in advertising," said chairman and chief executive Terry Semel.
Yahoo moved at an impressive pace in the fourth quarter
Terry Semel, Yahoo chief executive
Check Yahoo's share price
"[The year] in which marketers addressed the continued shift in consumers'
changing media habits by investing more of their marketing dollars online."
Yahoo says it is the most-visited internet destination globally.
source and full story: news.bbc.co.uk/1/hi/business/4186285.stm
By TeamPlayer in forum YahooReplies: 2Last Post: 09-03-2009, 02:07 AM
By Tom_Sean in forum YahooReplies: 0Last Post: 07-23-2007, 04:00 PM
By webtools4biz in forum Search Engine MarketingReplies: 0Last Post: 06-13-2007, 09:10 PM
By ovi in forum YahooReplies: 0Last Post: 03-02-2005, 08:41 PM