Yahoo double their profits

Search engine giants Yahoo have more than double their quarterly profits in a year.

Californian based Yahoo reported a net profit of a rather staggering $101 million dollars (œ55m) for the inclusive months of January to March 2004, compared to last years profit of (only?) $47m.

The total revenue or turnover has exceeded $550 million for the same three months, again an increase of some $267m from the same time last year.

Yahoo expect to break the $2 billion dollar turnover figure over the coming twelve months.

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