15th October 2007
Yahoo! is to report its sales results for the last quarter on Tuesday October 16th.
According to CNN, analysts are predicting a 10.5 per cent rise in sales, and a 27 per cent drop in the company's share prices.
The experts are expecting rival search engine Google to announce a 57 per cent rise in sales and a 44 per cent increase in share prices. This is a growth of over five times that of Yahoo!.
In a study by comScore, Google was found to perform 60 per cent of global searches, while Yahoo! carries out 14 per cent. Google's stock broke the $600 (£294) barrier this week and is expected to reach $700 by next year.
There has been concern that Yahoo! should either sell itself to Microsoft or leave the search industry to partner with Google, says Reuters.
According to the International Herald Tribune, Google is performing so well because of rivals Yahoo! and Microsoft have made heavy investments in the search and advertising markets with no successful return.
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