Linked by David Adams on Mon 5th Mar 2012 21:26 UTC
In the News I ran across a business news story about Yahoo's impending layoffs today, and if you're a deep-into-the-internet person like me, it certainly comes as no surprise to read yet again that Yahoo is on the skids. In fact, you're more likely to be surprised to learn that Yahoo has more than 14,000 employees and made something like $6 billion in revenue last year. Yahoo ceased to be relevant a long time ago, and even the Yahoo services that still get some love, like Flickr, seem to be tainted by association. But the question I asked myself when I read the article was, "why didn't Yahoo become a technology leader?"
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RE: Comment by ilovebeer
by Kivada on Tue 6th Mar 2012 19:12 UTC in reply to "Comment by ilovebeer"
Kivada
Member since:
2010-07-07

If they did in fact take in $6 billion last year, I can't exactly agree that they've been pushed aside and should be used as a cautionary story for others.


Revenue is not profit, it's only what they brought in, but does not say what they also had to pay out in the same year, they may well have paid out 5 billion thus their profit would be only 1 billion.

Reply Parent Score: 4

RE[2]: Comment by ilovebeer
by ilovebeer on Tue 6th Mar 2012 20:02 in reply to "RE: Comment by ilovebeer"
ilovebeer Member since:
2011-08-08

If they did in fact take in $6 billion last year, I can't exactly agree that they've been pushed aside and should be used as a cautionary story for others.

Revenue is not profit, it's only what they brought in, but does not say what they also had to pay out in the same year, they may well have paid out 5 billion thus their profit would be only 1 billion.

I'm not sure why you're bringing up profit vs. revenue. Nobody here seems confused about that.

Using your pretend scenario, are you agreeing that a $1 billion/year profit points to a company that's been pushed aside and is suited as a cautionary tale? Or, do you agree with me that that's completely ridiculous?

If you agree with me, I don't know why you replied. If you disagree with me, I don't know why since all the indication is that Yahoo is doing just fine. With all due respect, your reply seems pointless.

Reply Parent Score: 2