Its been nearly 2 months since the launch of Microsoft’s highly advertised and anticipated Bing, and the market share figures for the first full calendar month since its launch are in. Microsoft is likely less than thrilled. Read more…
Earlier today Nielsen Online (pdf) released the latest search share rankings. Figures are pretty much what one would expect, Google far in the lead followed by Yahoo and MSN, but this past month Google has taken another small hit.
April and May of 2009 each saw Google lose a bit of ground. Back in March their search share was 64.2%, and in April it was down to 64%. May has seen another drop, bringing them down to 63.2%, a full percentage point in 2 months. In these same two months, Yahoo has increased a total of 1.4% to 17.2. Read more…
In Q4, Yahoo saw revenues down 1% compared to the same period, ringing in at $1,806 million. While revenues approaching $2 billion sounds good on the surface, when you take away the expenses and the dust settles, they were left with a net loss of more than $303 million!
2008 on the whole wasn’t a total loss for Yahoo. Their revenues finished with a 3 percent increase compared to 2007, at $7,209 million and an overall net income of over $424 million. This number is certainly reasonable, at least by my standards, but when you look at the huge loss in the 4th quarter alone, unless things get turned around, 2009 could show to be a tough year for Yahoo.
Just like Yahoo, Google also took a hit in the fourth quarter of 2008, only their hit managed to remain on the plus side. Compared to the three quarters preceding (all over $1.2 billion) Q4 saw a net income of only $382 million.
While 2008 saw total revenues reach nearly $5 billion more than 2007, at $21.7 billion, Google’s net income for 2008 was nearly identical, only about $20 million more than 2007.
Google market share is down – or level, depending on who you trust most. The December numbers are in over at both Nielsen and Comscore, and while both agencies are reporting very similar figures for Google, one is actually showing a loss.
Comscore is reporting Google seeing no change between November and December with back to back months being at 63.5%. Nielsen, after reporting a jump of 2.9% for November, is showing a 1.2% drop for December, down to 62.9%.
This drop in Google’s shares is really quite minor if you look at their performance over all of 2008. Nielsen figures show Google’s share increasing by 6% from 56.9 in Jan 2008. Comscore shows a similar increase of 5% over the same period up from 58.5.
I suspect that Google’s market share is not on the decline and that in the coming months we will continue to see their figures rise.
The latest figures are in over at Comscore, and as far as search market share is concerned, Google continues to increase its lead.
It is never a surprise to see Google leading the pack, its been this way for several years, and it will remain this way for years to come. The only change is, how big is their lead.
Google has seen yet another small increase in its share, up 0.4% to 63.5%. Yahoo trails way back at 20.4% (down 0.1%) and Microsoft dipping 0.2% down to 8.3%.
The figures from Nielsen Netratings and comScore are not in as of yet, but Hitwise has posted their latest numbers for October, and they show Google closing in on the 72% mark.
According to Hitwise, Google now sits with 71.7%, up 0.54%, Yahoo is down 0.3% to 17.74%, and MSN is pretty much the same at 5.4% (up a miniscule 0.04%).
As Google grows ever so slowly month after month, it will be no surprise if they manage to reach the 80% point. Will Yahoo or MSN ever manage to steal back some of this market share? Not likely in the near future, but time will tell.
It sounds more and more like Yahoo should have taken the Microsoft buy-out offer at $31 a share back in February. Since then Yahoo shares have been up and down, but as of today, they are hovering around the $10 mark, a small fraction of what they once were.
Yesterday Yahoo shares dropped to below $10 – the first time their value has dipped into the single digits in more than 5 years. One thing’s for sure, if Microsoft does step up and give Yahoo another offer it will be substantially less than the previous $44.6 Billion.
Yahoo is not the only major player in the search game to see significant value declines on their stock. Around this time last year Google shares were over $700 and as of today are at less than half that with the value at $310.31 at the time of this post. 2008 has also brought significant declines to Microsoft shares as well – at just under $20 today MS has seen shares drop by almost half with their 52 week high of 36.72 from back in December of 07.
I wrote about Google’s third quarter results last week, and yesterday Yahoo released theirs. While their revenues are up as compared to the third quarter of 2007, Yahoo will be moving forward with layoffs.
In Q3 of 2007 revenues at Yahoo were a reported $1.768 billion. In the same quarter for 2008 they are seeing a figure of $1.786 billion – up about $22 million. As a percentage, this is very small, but growth none the less. Read more…