AOL is $2.68B with $2.5B in revenue
Yahoo should buy them, at least AOL have a new purpose that investors believe in.
Yahoo's recent acquisition attempts seem very disparate with no real overall goal (Yelp, Foursquare, etc.) or mission.
Yahoo should buy them, at least AOL have a new purpose that investors believe in.
Yahoo's recent acquisition attempts seem very disparate with no real overall goal (Yelp, Foursquare, etc.) or mission.
Yelp, and Foursquare are great examples of the general lack of strategy or direction to those of us that follow the tech scene closely.
They need to decide whether they are going to play with the big boys and solve interesting problems or continue the web1.0 style of being a landing page.
Their revenues are steadily declining: http://tctechcrunch.files.wordpress.com/2010/08/aolq2slide.j...
Buying AOL would be just dumb. I don't see them being profitable any time soon (if ever).
Financially, AOL isn't looking too bad: http://www.google.com/finance?q=NYSE:AOL&fstype=ii
However their margins are razor-thin in the previous quarters. Like Q4 of 2009 - net income of 1.4M (with 809M revenue).
We'll see how the restructuring goes.