Yahoo's Q4 profit reaches 153 million

IT news:

Yahoo's fourth-quarter net profit of 153 million U.S. dollars, earnings per share 11 cents, in 2008 over the same period a loss of 303.4 million U.S. dollars, a loss of 22 cents per share. Excluding distributed to partner sites revenue, on revenue of 1.26 billion U.S. dollars, super-analysts on average expected 1.23 billion U.S. dollars.

Yahoo is published in cooperation with Microsoft to give up part of the search technology, its search engine market share has been eroded. Last month, Yahoo's U.S. search market share from 20.5% over the same period in 2008 declined to 17.3%.

Excluding one-time profit and loss items, Yahoo's fourth-quarter earnings of 15 cents per share, below analysts on average expected 17 cents.

Yahoo said it expects total revenue in the current quarter, 1.58 billion -16.8 billion, higher than the investment bank Piper Jaffray analyst Gene Munster - Munster (Gene Munster) is expected to 15.5 billion U.S. dollars. Munster in a research report that this year, the U.S. Internet display advertising market will rebound in 2009, down 2% this year, up 10%.

4:00 pm the same day, Yahoo shares on the Nasdaq stock exchange rose 13 cents to close at 15.99 U.S. dollars. Last year, Yahoo's stock has risen 38%. Yahoo's profit by cutting costs, including the closure of underperforming businesses and massive layoffs. Last year, Yahoo shut down the Web hosting sector and the online storage sites Briefcase.

Earlier this month, Yahoo said its Zimbra e-mail and collaboration software business sold to VMware, the amount of individual transactions were not disclosed. The two sides are expected to complete the sale this quarter. Yahoo in 2007, spent 350 million U.S. dollars acquisition of Zimbra.

Cut costs

Yahoo hopes to reduce the costs associated with the search operations, such as engineering technology costs. Yahoo has a deal with Microsoft is expected to be completed early this year. Under the agreement, Yahoo will definitely be using Microsoft's search technology, the two sides were divided into related advertising revenue.

Yahoo and Microsoft partnership will help both companies to better compete with Google. According to an analysis provided by ComScore data showed last month, Google's search in the U.S. market share of 65.7%; share from Microsoft in May last year, will be launched before the 8% increased to 10.7%, Yahoo's share in May last year when the fell 20.1% to 17.3%.

Munster said that the partnership has not been completed and has been hampered by Yahoo in the search market competitiveness. Once the deal is completed, Yahoo, users can design their website to see the search function.

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