Google's eating Yahoo's lunch
If the search firms Yahoo! and Google were baseball teams, Google would have to be considered the New York Mets. It can do no wrong. Everything is clicking. But Yahoo? Well, it's stumbling around like the Bad News Bears.
Yahoo stunned Wall Street last month when chief financial officer Sue Decker somewhat casually said at a Goldman Sachs conference in New York that sales for the quarter would be at the low end of the company's forecast due to softness in auto and financial services advertising.
Google, on the other hand, keeps wowing the Street. It bested sales and profit forecasts for the second quarter back in July.
And on Monday, Google unveiled a deal to buy YouTube for $1.6 billion, a marriage uniting the top search engine and No. 1 video site. Analysts were raving about Google's chances to get a big piece of the potentially lucrative online video advertising market.
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