Wednesday, July 25, 2007

Revisit The Numbers

Back in Sept. 2005, we made a comparison between Baidu and baby Yahoo: Put Numbers in Perspective

Now let's make a new comparison:

As a public company, Yahoo announced it's 10th quarterly financial report on July 8, 1998.

Reveune totaled $41.2 million.

Net Income was $8.1 million.

Baidu has been public for 9 quaters now.

As reported today, Baidu's second quarter results shows:

Revenue totaled $52.7 million.

Net Income was $18.6 million.

Yahoo's market cap reached $15.5 billion at that time before bubbling to almost $180 billion.

Let's see how Baidu's stock will perform.


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