Chapter 1169: Yahoo's Next Step
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Saturday, August 14. Pinshu.com
On the East Coast of North America, Yahoo finally released its second-quarter financial report amid the impact of the Federal Department of Justice's halted antitrust investigation into Microsoft on the Nasdaq stock market next week.
In the second quarter of 1999, Yahoo's revenue reached $1,032.2 million, a significant increase of 172.5% compared to $399.7 million in the same period last year. At the same time, compared with the loss in the same period last year, Yahoo's net profit in the second quarter reached $1005.3 million.
In addition to total revenue, the performance of Yahoo's various business segments is unusually eye-catching.
Affected by the significant increase in online advertising efforts by new technology companies in the first half of the year, Yahoo's key Internet advertising business, including Yahoo's own platform and Yahoo Advertising Alliance, reached an overall revenue of US$811.3 million, an increase of 187.6% over the same period last year, exceeding Yahoo's overall revenue in the second quarter by 15.1 percentage points.
In terms of Yahoo Music Store, Yahoo Music Store's revenue in the second quarter was $125.3 million, compared with $75.3 million in the same period last year, an increase of 66%.
In addition to its main advertising business and music sales, Yahoo's corporate mailbox, online payment and other businesses also achieved an overall revenue of $95.6 million, which has achieved a very considerable growth compared with last year.
With the release of Yahoo's second-quarter earnings report, whether it is a single quarter of revenue exceeding $1 billion, or Yahoo's first net profit of more than $100 million, the entire connected industry has attracted attention.
Moreover, the financial report also pointed out that although Yahoo's advertising business will fall into a temporary trough with the collapse of the NASDAQ index, in the context of the continuous explosive growth of the scale of Internet users, relying on the long-tail theoretical model to establish Yahoo's advertising revenue system will soon recover and achieve sustainable growth.
In addition, with the global rollout of Yahoo Mini Music Store devices and the successful integration of millions of song content from EMI and Universal, the company expects that Yahoo Music Store's revenue in the next two quarters will not only not be affected by the bursting of the Internet bubble, but may even achieve continuous substantial growth of more than 100%.
Even if the revenue situation will decline in the second half of the year, after seven years of accumulation, Yahoo expects to reach about $3.5 billion in revenue for the whole year, which still gives hope to many investors who have lost confidence in the new technology industry with the collapse of the Nasdaq.
Many people are reminded of Eric's words in an interview with The New York Times last year: What else is impossible in a huge market with a base of 1 billion of the best users?
By the first half of 1999, the number of Internet users worldwide had exceeded 250 million. At the current rate of growth, the number of Internet users worldwide will reach 500 million in 2002 and 1 billion in 2005.
It is foreseeable that doubling the number of users will definitely mean more than simply doubling the revenue of connected enterprises. As the connected industry matures, the average spend on connected platforms will also increase exponentially, whether it is an individual or a business.
All things considered, with the growth of the number of connected users, the revenue scale of connected enterprises will also show an exponential increase.
Yahoo has already achieved a revenue of about $3.5 billion this year, so three years later, or even six years later, maybe just a net profit, Yahoo can exceed the scale of revenue at this time.
With the release of Yahoo's earnings report, investors who have experienced nearly a month of panic have gradually realized that the new technology industry is definitely not just a bunch of bubbles, but can also bring real revenue.
At the same time, Wall Street capital, which suffered heavy losses in the collapse of the Nasdaq, quickly took advantage of this opportunity to create an opportunity for itself to unbundle.
Soon there was a flurry of optimistic comments about the new technology market, and many well-known Wall Street analysts changed gear, saying that even with the bubble, the Nasdaq had dissipated after a month-long crash.
But that's not the end of it.
Sunday, August 15th.
Following yesterday's earnings report, Yahoo Inc. once again announced through the portal: Microsoft will unconditionally give up the subscription right to subscribe for 30% of Yahoo's shares, but at the same time, Yahoo will continue to maintain the status of the default browser of the indos system by paying a pre-installation fee.
In recent years, many people have argued that the biggest reason for the rapid development of Yahoo Portal is that Yahoo Browser, which is the default setting of the Indos system, provides a large amount of traffic to Yahoo Portal.
The industry has been watching this matter closely since Yahoo's five-year contract with Microsoft expired this month.
Now, Yahoo has not only shaken off that contract without any burden, but has also continued to claim the status of the default browser of the Indos platform, even with the expensive upfront installation fee to Microsoft, but almost all analysts realize that Yahoo has taken a big advantage.
Therefore, the impact of this news on the industry is no less than the sudden announcement by the Justice Department on Friday that it has abandoned its antitrust investigation into Microsoft.
Some of the brainless media outlets have even begun to speculate on whether there is an intrinsic connection between these two unexpected events.
Of course, the truth will most likely never be made public.
Moreover, most people's attention has shifted to the NASDAQ index for the new week.
As the week-long gathering draws to a close, some executives with tight schedules have begun to leave.
Sunday, afternoon.
Eric and Yahoo CEO Ian Gnier were found on a ranch in Tasmania in southern Australia.
Tasmania is more than 200 kilometers south of the Australian mainland, covering an area of more than 60,000 square kilometers, during the girl's time in Australia, Eric specially asked her to buy some land on this island, at this time, including the pasture at the foot and the mountains and forests not far away, Eric has more than 200 square kilometers of private land on this island at the end of the world.
Due to its temperate maritime climate, this pasture in the north-west of Tasmania is not cold and is surrounded by greenery, despite the fact that it is the middle of winter.
With his hands in the pockets of his trench coat and walking side by side with Ian Gnier, Eric looked around at the scenery and said to him, "Do you know what the most donated projects were the projects that Warren donated the most to when he founded the Buffett Foundation?"
……
……
Saturday, August 14.
On the East Coast of North America, Yahoo finally released its second-quarter financial report amid the impact of the Federal Department of Justice's halted antitrust investigation into Microsoft on the Nasdaq stock market next week.
In the second quarter of 1999, Yahoo's revenue reached $1,032.2 million, a significant increase of 172.5% compared to $399.7 million in the same period last year. At the same time, compared with the loss in the same period last year, Yahoo's net profit in the second quarter reached $1005.3 million.
In addition to total revenue, the performance of Yahoo's various business segments is unusually eye-catching.
Affected by the significant increase in online advertising efforts by new technology companies in the first half of the year, Yahoo's key Internet advertising business, including Yahoo's own platform and Yahoo Advertising Alliance, reached an overall revenue of US$811.3 million, an increase of 187.6% over the same period last year, exceeding Yahoo's overall revenue in the second quarter by 15.1 percentage points.
In terms of Yahoo Music Store, Yahoo Music Store's revenue in the second quarter was $125.3 million, compared with $75.3 million in the same period last year, an increase of 66%.
In addition to its main advertising business and music sales, Yahoo's corporate mailbox, online payment and other businesses also achieved an overall revenue of $95.6 million, which has achieved a very considerable growth compared with last year.
With the release of Yahoo's second-quarter earnings report, whether it is a single quarter of revenue exceeding $1 billion, or Yahoo's first net profit of more than $100 million, the entire connected industry has attracted attention.
Moreover, the financial report also pointed out that although Yahoo's advertising business will fall into a temporary trough with the collapse of the NASDAQ index, in the context of the continuous explosive growth of the scale of Internet users, relying on the long-tail theoretical model to establish Yahoo's advertising revenue system will soon recover and achieve sustainable growth.
In addition, with the global rollout of Yahoo Mini Music Store devices and the successful integration of millions of song content from EMI and Universal, the company expects that Yahoo Music Store's revenue in the next two quarters will not only not be affected by the bursting of the Internet bubble, but may even achieve continuous substantial growth of more than 100%.
Even if the revenue situation will decline in the second half of the year, after seven years of accumulation, Yahoo expects to reach about $3.5 billion in revenue for the whole year, which still gives hope to many investors who have lost confidence in the new technology industry with the collapse of the Nasdaq.
Many people are reminded of Eric's words in an interview with The New York Times last year: What else is impossible in a huge market with a base of 1 billion of the best users?
By the first half of 1999, the number of Internet users worldwide had exceeded 250 million. At the current rate of growth, the number of Internet users worldwide will reach 500 million in 2002 and 1 billion in 2005.
It is foreseeable that doubling the number of users will definitely mean more than simply doubling the revenue of connected enterprises. As the connected industry matures, the average spend on connected platforms will also increase exponentially, whether it is an individual or a business.
All things considered, with the growth of the number of connected users, the revenue scale of connected enterprises will also show an exponential increase.
Yahoo has already achieved a revenue of about $3.5 billion this year, so three years later, or even six years later, maybe just a net profit, Yahoo can exceed the scale of revenue at this time.
With the release of Yahoo's earnings report, investors who have experienced nearly a month of panic have gradually realized that the new technology industry is definitely not just a bunch of bubbles, but can also bring real revenue.
At the same time, Wall Street capital, which suffered heavy losses in the collapse of the Nasdaq, quickly took advantage of this opportunity to create an opportunity for itself to unbundle.
Soon there was a flurry of optimistic comments about the new technology market, and many well-known Wall Street analysts changed gear, saying that even with the bubble, the Nasdaq had dissipated after a month-long crash.
But that's not the end of it.
Sunday, August 15th.
Following yesterday's earnings report, Yahoo Inc. once again announced through the portal: Microsoft will unconditionally give up the subscription right to subscribe for 30% of Yahoo's shares, but at the same time, Yahoo will continue to maintain the status of the default browser of the indos system by paying a pre-installation fee.
In recent years, many people have argued that the biggest reason for the rapid development of Yahoo Portal is that Yahoo Browser, which is the default setting of the Indos system, provides a large amount of traffic to Yahoo Portal.
The industry has been watching this matter closely since Yahoo's five-year contract with Microsoft expired this month.
Now, Yahoo has not only shaken off that contract without any burden, but has also continued to claim the status of the default browser of the Indos platform, even with the expensive upfront installation fee to Microsoft, but almost all analysts realize that Yahoo has taken a big advantage.
Therefore, the impact of this news on the industry is no less than the sudden announcement by the Justice Department on Friday that it has abandoned its antitrust investigation into Microsoft.
Some of the brainless media outlets have even begun to speculate on whether there is an intrinsic connection between these two unexpected events.
Of course, the truth will most likely never be made public.
Moreover, most people's attention has shifted to the NASDAQ index for the new week.
As the week-long gathering draws to a close, some executives with tight schedules have begun to leave.
Sunday, afternoon.
Eric and Yahoo CEO Ian Gnier were found on a ranch in Tasmania in southern Australia.
Tasmania is more than 200 kilometers south of the Australian mainland, covering an area of more than 60,000 square kilometers, during the girl's time in Australia, Eric specially asked her to buy some land on this island, at this time, including the pasture at the foot and the mountains and forests not far away, Eric has more than 200 square kilometers of private land on this island at the end of the world.
Due to its temperate maritime climate, this pasture in the north-west of Tasmania is not cold and is surrounded by greenery, despite the fact that it is the middle of winter.
With his hands in the pockets of his trench coat and walking side by side with Ian Gnier, Eric looked around at the scenery and said to him, "Do you know what the most donated projects were the projects that Warren donated the most to when he founded the Buffett Foundation?"
Tasmania is more than 200 kilometers south of the Australian mainland, covering an area of more than 60,000 square kilometers, during the girl's time in Australia, Eric specially asked her to buy some land on this island, at this time, including the pasture at the foot and the mountains and forests not far away, Eric has more than 200 square kilometers of private land on this island at the end of the world.
Due to its temperate maritime climate, this pasture in the north-west of Tasmania is not cold and is surrounded by greenery, despite the fact that it is the middle of winter.
With his hands in the pockets of his trench coat and walking side by side with Ian Gnier, Eric looked around at the scenery and said to him, "Do you know what the most donated projects were the projects that Warren donated the most to when he founded the Buffett Foundation?"
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