Yahoo had another strong performance this quarter. Our overall advertising business saw solid growth and our user numbers continued to climb.
More Quotes from Terry Semel:
It's a great opportunity for us. It will allow us to do a better job every time we do a search.Terry Semel
Yahoo has a strong track record of focusing and delivering on some of the biggest opportunities on the Internet. In 2005, Yahoo continued to achieve significant results by providing some of the most innovative services to our hundreds of millions of consumers and deepening both our global reach and user engagement. As we look ahead, we will continue to focus on creating the best consumer experience, finding new ways to engage our audience and delivering the best value for our advertisers.
Terry Semel
There is no single event that will transform this company. Rather, it will be a series of events starting this quarter that will demonstrate Yahoo's momentum and progress, ... In order to strengthen and grow the business, we will pursue partnerships and joint ventures with major corporations, make acquisitions, and continue to innovate and develop new services.
Terry Semel
But he added that instant hits -- which Hollywood demands new shows should be -- aren't as important on the Web. The success of Yahoo's new products, he said, should be measured over several years. In television, you had to have a hit overnight, ... Not online.
Terry Semel
There is nothing to be embarrassed about being profitable.
Terry Semel
Yahoo is off to a terrific start in 2005, ... We are in an excellent position to take advantage of all forms of advertising on the Web.
Terry Semel
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