How much have the ipod sales been fueled by Michael Jackson?
Michael Jackson drove humongous traffic to Yahoo, and Apple said its own products are cannibalizing sales of many of its iPod models. Those were a couple of the takeaways from separate quarterly earnings reports Tuesday in which Yahoo and Apple each reported numbers exceeding the expectations of Wall Street analysts. Yahoo said net income rose 8% to $143 million, despite a 13% drop in revenue to $1.57 billion in the second quarter. Apple said net income improved 13% to $1.23 billion, on revenue that climbed 12% to $8.34 billion in its fiscal third quarter.
