Internet27.01.2010
Yahoo reports profit increase
Sales at the struggling internet giant continued to decline, falling 4 per cent to 1.7 billion dollars.
For the full year, Yahoo reported a profit of 598 million dollars, up 43 per cent from 2008, even as sales in 2009 dropped 10 per cent to 6.5 billion dollars.
“The fourth quarter marked a strong finish to 2009, which was a transformative year for Yahoo,” chief executive Carol Bartz said.
“Our business has positive momentum, and we feel good as we head into 2010.”
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