Yahoo is having a midlife crisis. Today, the company announced that it’s seeking strategic alternatives (i.e. - looking to sell some or all of its properties) in an attempt to generate more cash and please shareholders.
Holy fucking shit. Apple made a fucking ton of money this quarter. Apple is reporting a record-setting quarterly revenue of $75.9 billion surpassing the the $74.6 billion it reported a year ago.
Apple wasn't the only one balling this quarter on the back of new computer sales. Microsoft's profits were up a huge 79 percent against last year to hit $6.48 billion (on record revenues of $16.37 billion), mostly thanks to people snapping up Vista-loaded computers (whether they want the OS or not).