Yahoo! is engineering a successful online business, making the products and services of our global network a
practical and indispensable destination for users and businesses. This year's results represent a proof of
concept that our business model gives users a comprehensive and relevant Web experience, while providing
businesses an effective marketing platform.
As Yahoo! improved its high-performance organization during this past year, we demonstrated how quality and
innovation grew our core businesses and led to expanded revenues, increased profits and a sustainable,
scalable business.
