Now here’s an effectively ominous opening sentence. It’s never a good thing when one of the quotes of the CEO in an earnings report mentions “headwinds.” That’s Rob Hof, of Business Week, on yesterday’s news from Yahoo!
It’s the right lede. There were no surprises in the Q4 numbers, or in the news that Y! will shed 1000 jobs (7% of workforce). And perhaps it shouldn’t be surprising that Y! didn’t articulate any clear and convincing course to prosper amidst the headwinds.