[aaronwall]

Did you get that $4 billion number from that quarterly results? Does that include things like their payments to Opera and Apple? Does it include search rev share deals with entities like AOL and Ask (& soon to be Yahoo)? Does it include paying from Chrome distribution bundled with Flash security updates & such? I have never seen the overall numbers broken down in terms of what percent goes where on the different sorts of syndication deals.

Three things which would be a major issue for Yahoo! on that sort of search would perhaps be first that they themselves rely so heavily on content syndication to power their various verticals, second they keep losing search market share (especially as more search happens on mobile devices and Google has mobile locked down with their Android contracts), and they also screwed up their old directory before they moved it to Yahoo! small business as part of the Alibaba share spinco.

I also don't see how Yahoo would effectively differentiate their search engine enough to be able to (profitably) buy share at prices set by Google, particularly if they over-promote their internal results & rely on a smaller search index.

[ChuckMcM]

Prior to restructuring their reporting, Google reported as a cost paid distribution. I left in 2010, I started tracking the number in Q1 2011. It was $337M for the quarter. by Q4 of 2014 that number had ballooned to $968M for the quarter. In 2015 they changed the way the reported this number making future comparisons problematic.

I expect it does include fees paid to Apple so that Apple would send search traffic to Google, and fees paid to browser vendors.

Our experience as a search results provider was that there was demand for a more 'functional' search capability (not casual searching) many of the techniques we used have been adopted by Microsoft in their Bing engine which has improved both their recall and quality with respect to Google results on highly contested searches.

I certainly agree that Yahoo! has made a number of missteps with their search technology. I talked with them once (post Marissa's arrival) and in many ways they were confused as ever about how search engines generate value for the parent company, but such things are rarely permanent.

[aaronwall]

Thanks for sharing that :)

One interesting bit from the most recent IAC investor conference call is on it they mentioned that their search deal with Google was renewed for another 4 years & that the rev share on mobile was lower than it was in the past. An analyst asking a question mentioned both Google and Yahoo! were lowering revenue share on mobile.