If you are a nerd, chances are you’ve spent the past few months fallowing the Microsoft/Yahoo debacle. Today Yahoo released their financial reports with some wonderful results. According to Tech Crunch they’re up!

From Tech Crunch

“* Revenues were up 19% for the quarter compared to Q12007 in the U.S., and 11% internationally.
* Net revenues of $1,352 million were a 14 percent increase compared to $1,183 million for the same period of 2007.
* Operating income for the first quarter of 2008 was $121 million, a 28 percent decrease compared to $169 million for the same period of 2007.
* Yahoo has spent $14 million to date on outside advisers on the Microsoft deal
* They took a $29 million charge for severance arrangements.”

This is good news for those of us who do not want a Microsoft acquisitions of Yahoo. Personally, I do not want Yahoo to change anything but to keep attempting to improve its service. As someone in new media marketing for music, the heavily trafficked avenues for marketing music are minimal. There are many niche sites which are great genre specifically but when it boils down to large sites that can reach a mass amount of people, it is severely limited. Yahoo is one of those sites that has a strong reach into a mainstream marketing and I would prefer for that not to be messed with. I’d imagine if the acquisition happened between Microsoft and Yahoo or a merger took place between AOL and Yahoo there would be some rolling heads in the content department (why have two people doing two jobs when you can have one person do two jobs) and I would hate to see that.

That said, I am obviously very bias and looking at this acquisitions objectively, so I can’t really make an accurate judgment as to if it is a good idea in an overview.