There is nothing to be embarrassed about being profitable.
More Quotes from Terry Semel:
While advertising revenue will always be an important part of our revenue base, we will leverage non-core assets to deliver premium services,Terry Semel
This is truly a turning point for the IM industry, and we believe our agreement with Microsoft will help usher in a new era of IP communications,
Terry Semel
When things begin to turn around, Yahoo will have refined its capabilities, built out its offerings and services, introduced new and innovative methods and further developed our relationships with agencies and clients.
Terry Semel
Yahoo! is the only company with both scale and leadership in branded and search advertising.
Terry Semel
I don't think that Yahoo or any other Internet company should try to become a television network. We will be nowhere if we have to create our own content.
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
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