Yahoo beats Lowered expectations!!!!

Google at the moment seems to do no wrong, but can Yahoo ever catch up. The Price per share of Google is over $600, while yahoo's share price as of yestderday's close was $26.69.

At the end of the market day Yahoo issued its Third quarter earnings report and said its net profit fell to $151, or 11 cents per share, down from $158.5 million or 11cents per share a year ago.

The major difference which the net profits was that last year the company had a larger amount of shares outstanding than this year. Analysts had braced for lower profits, with a consensus forecast for net profit of $113.8 million, or 8 cents per share, according to Reuters Estimates. They had expected revenue, excluding traffic acquisition costs, of $1.24 billion.