Yahoo! Inc. (YHOO)’s $200 Million Mobile Revenue Is a Strong Indicator: Bill Gurley

0

In a program on CNBC, experts discussed Yahoo! Inc. (NASDAQ:YHOO)’s future and how Marissa Mayer is planning to tackle the post Alibaba hype time. Bill Gurley of Benchmark said that a lot of people in the Silicon Valley are fans of Marissa Mayer and her leadership skills. Yahoo! Inc. (NASDAQ:YHOO)’s needs to craft some smart strategies in order to come out of its problems. He thinks that Alibaba’s relation with Yahoo! Inc. (NASDAQ:YHOO) is a positive thing for both companies but Yahoo! Inc. (NASDAQ:YHOO) must understand that the initial IPO hype is gone and the company must focus on its own innovation and ecosystem to succeed.

Yahoo! Inc. (NASDAQ:YHOO), Alibaba IPO, Delay in Alibaba IPO, Yahoo's stock down, is yahoo a good stock to buy

Gurley thinks that expectations of investors were low from Yahoo! Inc. (NASDAQ:YHOO). Yahoo must start rolling out new products in the stream to imbibe investors and customer base, which is getting diluted over the time. Gurley said that there were more upsides than the downsides in the Yahoo’s quarter. He also thinks that Marissa Mayer has the ability to set a game changer for Yahoo! Inc. (NASDAQ:YHOO). Some years ago, entrepreneurs were confused about whether to hand over their investments and cash to Yahoo or not because of the dim way forward but Marissa Mayer has cleared the dust. Yahoo! Inc. (NASDAQ:YHOO) reported around $200 million revenue in the mobile sector and this is being perceived as a really strong indicator that will give surge to the company in the future.

Yahoo! Inc. (NASDAQ:YHOO) still owns 18% of Alibaba and Marissa Mayer is looking for the right time to divest the stock. Yahoo! Inc. (NASDAQ:YHOO) is recently making a plunge into Android apps but that plan didn’t work. Cloud and mobile device production are some of the areas where Marissa can exhaust the efforts with hopes of success in the future.

 John Thaler‘s Jat Capital Management hold around 8.8 million Yahoo! Inc. (NASDAQ:YHOO) shares.

Suggested Articles:

Largest Private Armies in the World

Longest Prison Sentences

Share.