Yahoo! Finally Shows Its Final Hand, Deemed As The Basis For Its Microsoft Bid Asking Price. Yesterday, Yahoo!'s Q1 financial report was released; if we do not count its investment gains in Alibaba, Yahoo!'s net income for Q1 2008 is similar to the same period last year, and its net revenue has slightly increased.
However, regarding this mediocre performance report, investors showed no excitement at all; yesterday, Yahoo!'s stock price fell again. Microsoft CEO Steve Ballmer has once again stated that Microsoft's offer for Yahoo! will remain unchanged. Analysts believe that Yahoo! now has no hope of getting Microsoft to raise its bid.