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July 18th, 2012 
FAKE NEWS for the Zionist agenda 
Neither Yahoo’s new CEO, Marissa Mayer, nor Ross Levinsohn, the interim CEO she just replaced, were on the line for Yahoo’s second quarter earnings call Tuesday evening — and what lies ahead for the two executives’ plans remains largely unknown.
Here’s what we learned from Chief Financial Officer Tim Morse, who led the call:
- The slight uptick in display ad revenue for the quarter came from the Americas. Display ad revenue from Europe, Middle East and Africa declined 7% due to “global economic conditions.”
- Search was down 17%. How come? Osama Bin Laden’s death last summer caused a temporary search spike, Morse said. (I find it hard to believe that it could be responsible for such a large chunk, don’t you?)
- Yahoo spent $88 million on severance packages for the 2,000 employees Levinsohn laid off during the quarter. The company spent another $23 million on facilities shutdowns and $18 million on assets write-downs.
- The company now has around 14,000 employees.
- Alibaba’s buyback from Yahoo is expected to close ahead of schedule.
- Mobile revenue is up 50%. From what base? We don’t know.
And here’s what else we don’t know:
- What will happen to Levinsohn who, until Tuesday, was Yahoo’s interim CEO?
- Who will take over while Mayer, who is six months pregnant, is on maternity leave?
- Third-quarter guidance. Morse said it hasn’t been discussed with Mayer yet. Also said he doesn’t know if she’ll speak to analysts before the next earnings release.
- The company’s direction. “We’re just gonna have to take a little bit of time to work through… direction. It’s safe to say we need to be really good at certain technologies and we need to be great at content. Both of those are imperative to our success,” Morse said.
- The details of the new partnership with Facebook. Morse would only say, “It will be a close collaboration… [We’ll] expand our distribution arrangements and settle all our oustanding claims.”
What other questions do you have? Tell us in the comments.
Image courtesy of iStockphoto, JasonDoiy
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