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Yahoo’s Q2 2011 Earnings Rise, Revenue Sinks (Photo)
Yahoo plodded through another disappointing performance in the second quarter.
The results, released Tuesday, may intensify pressure on Yahoo CEO Carol Bartz, who has spent the past 2 1/2 years trying to turn around the Internet company.
Yahoo Inc. earned $237 million, or 18 cents per share, during the three months ending in June. That’s an 11 percent increase from $213 million, or 15 cents per share, at the same time last year.
But Yahoo’s revenue sank at a time when advertisers are pouring more money into the Internet.
Net revenue totaled $1.08 billion, down 5 percent from last year. The drop looks even worse when compared to Internet search leader Google Inc., whose net revenue surged by more than 30 percent in the second quarter.
The iPhone 5 Rumor Roundup Photo
WWDC brought us a chock full of new things, including iCloud and iTunes Match, as well as the full breakdown of features in the next iteration of OS X. But unfortunately, there was no iPhone at last week’s big keynote. While that might be bad news for most of us, it’s great news for Apple-centirc gossip mongers. With no hints as to what features, form or functions the next iteration of the company’s flagship mobile product might have in store for consumers, the rumor mill has worked itself up into a lather over what we might be able to expect from Cupertino in the months to come. Here’s a quick rundown of what we’ve seen circling the web lately, and what may be coming soon.
Folks at NoWhereElse have produced a very nice looking infographic that illustrates all the rumors and possibilities for the next-generation iPhone 5.




