Investors and experts are questioning Yahoo! Inc. (NASDAQ:YHOO)’s core business value and how the company would be able to cope up with the challenges that are currently crushing the company’s business and product curve. In a program on CNBC, Harry McCracken said that many experts are now saying that Yahoo should deplete its size. There are speculations that the company must sell itself to Alibaba or Softbank, or merge with AOL. McCracken mentioned his recent interview with Yahoo! Inc. (NASDAQ:YHOO) CEO Marissa Mayer and said that Mayer didn’t talk about any likely step regarding merger of lay-offs.
McCracken thinks that Yahoo! Inc. (NASDAQ:YHOO) has done pretty well in the recent past. It increased its mobile development team from 50 to 500; it made some small acquisitions which will help the company in the longer run. He thinks that Yahoo! Inc. (NASDAQ:YHOO) will have to stop depending on the other companies like Alibaba. The company will soon divest its Alibaba stock. McCracken said that what Yahoo lacks is a solid product. A complete and good product is necessary to survive in the tech world of today, but despite all of its efforts, Yahoo! Inc. (NASDAQ:YHOO) is unable to launch anything tangible that could imbibe the market attention.
McCracken said that Yahoo! Inc. (NASDAQ:YHOO) has failed to launch a transformative app that could turn the tables around. He said that during his interview, Yahoo! Inc. (NASDAQ:YHOO)’s CEO accepted that her company is unable to a big thing yet. She said that Yahoo! Inc. (NASDAQ:YHOO) is more interested in the messaging apps.