Incoming! Yahoo reports earnings tomorrow, just five days until Microsoft's deadline
Yahoo will report its first-quarter results tomorrow. CEO Jerry Yang's last message to shareholders, a March presentation in which he promised shareholders a 72 percent revenue increase by 2010, indicates the company will do everything it can to report only good news — even, as BoomTown's Kara Swisher writes, if that means "selling everything not nailed down at Sunnyvale HQ."
Tomorrow's earnings report is Yang's last chance to convince Microsoft CEO Steve Ballmer to increase his $31 per share offer for Yahoo rather than start the proxy fight Ballmer promised if negotiations weren't underway by Saturday.
Swisher is optimistic Yahoo will follow Google's first-quarter report with good results of its own. We are too, but only because Yahoo — like Google — stands to benefit from the dollar's sinking value. ComScore reports approximately 75 percent of Yahoo searches in March came from outside the U.S. (Photo by Yodel Anecdotal)