Friday, July 18, 2008

MSN's Q2 Ad Revenue Horrendous, Woe Is Yahoo (YHOO)

"How bad were MSN's numbers? Organic year-over-year ad revenue growth decelerated from 26% in Q1 to 8% in Q2, which is also known as hitting a wall. Surely Microsoft's discombobulation has something to do with it, but we'd be shocked if there weren't some market weakness in there as well."

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