Yahoo have announced during their latest investor presentation that they expect to almost double operating cash flow over the next three years from the current $1.9billion to $3.7billion. Yahoo also used the presentation as a chance to reaffirm their financial outlook in 2008. By 2010, Yahoo are expecting to earn $8.8 billion in revenue excluding traffic acquisition costs. These claims also confirmed the reasons why Yahoo suggested Microsofts $45 billion bid was undervalued.
Yahoo’s Jerry Yang said:
“Yahoo! is positioned for accelerated financial growth – we have a powerful consumer brand, a huge global audience and a highly profitable operating model. With industry-leading tools, technology, people and platforms, Yahoo! is poised to capture growth in display advertising where we believe growth will be greatest. Combined with our recent progress in search monetization, Yahoo! is well positioned to provide the broadest range of products to our advertisers while delivering the most compelling experiences to users.”
Chief executive of Google Eric Schmidt has commented that Google is concerned that a ‘Microhoo’ deal could have implications on the internets ‘openess’ and could be potentially ‘bad for the internet’.
Although Yahoo’s board rejected a Microsoft bid last month, rumours suggest that talks have begun again recently. The bid was Microsofts way of attempting to slow Googles dominance in the ever increasing online advertising market.
At a conference in Beijing Mr Schmidt commented: “We would hope that anything they did would be consistent with the openness of the internet, but I doubt it would be.”
Some say that the Microsoft takeover of Yahoo is just a matter of time whilst others suggest Yahoo have been exploring other avenues to fend off Microsoft. They have even been linked with MySpace, AOL or strangely Google. However, analysts are suggesting that a deal between Google and Yahoo, could fall foul of antitrust regulations.
Although we are still all waiting for the release of the first real device to successfully use the Android platform, Rich Miner is confident that they will still outsell Apple’s iPhone. He said: “Once you have devices out there from Motorola, HTC, Samsung, and so on, there’s a much larger potential market on Android than for the iPhone.”
It seems as though numbers agree with Rich. Apple announced just two days ago that iPhone SDK was downloaded 100,000. However in Barcelona, at the Mobile World Congress, Google reported a mighty 750,000 downloads of Android SD. This could yet to prove an interesting battle.
Watch Google explain the Android platform below:
Go to Google’s Android Home Page here >>
Original Source: intomobile.com
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