Yahoo Q2 Earnings Preview: What to Watch
Yahoo (NASDAQ:YHOO) is scheduled to announce its Q2 2011 earnings July 19, 2011. We would focus our attention this quarter to developments in Yahoo’s search advertising business as well as the Yahoo-Alibaba dispute and the potential effect it can have on Yahoo’s stock. Yahoo has faced recent struggles in the online advertising market at the hands of increased pressure from players like Facebook, Google (NASDAQ:GOOG), Microsoft (NASDAQ:MSFT) and AOL (NYSE:AOL). We currently maintain a $17.30 price estimate for Yahoo stock, which is about 15% above the current market price.
Yahoo’s Search Share Still Lagging, But Some Signs of Recovery in U.S.
While Google dominates U.S. search engine market with over 60%, Yahoo’s woes seem to have reduced this quarter as Yahoo’s total core search share rose from 17.9% in April 2011 to 19.6% in May 2011.  The company’s revenue sharing arrangement with Microsoft where Microsoft will provide the searchComplete Story »