On the back of Google’s positive Q1 announcement, we had some good news from Yahoo! when they announced a much better than expected Q1. Seeking Alpha has a good breakdown of both Google and Yahoo but interesting points are that Google’s International revenue (51%) was higher than US and that Yahoo! was bolstered (understatement for $401 million padding) by it’s stake in Alibaba.
Other news is that WSJ reports that the Google/Yahoo AdWords trial has gone well and could find Yahoo an additional $1 billion annually. Though taking this kind of thinking to it’s logical comparison of what Google has done for AOL and it must be tempting to consider, but once upon a time AOL had 30% of the share market and is now below 5%!