This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Like Yahoo!, It Doesn't Matter What Facebook Reports

Stocks in this article: FB YHOO

They don't hide from quantitative weakness or run from past mistakes, whether their own or somebody else's.

Zuckerberg acknowledged not getting ahead of the curve on mobile. Mayer admitted that there's no need for wholesale changes with the Yahoo! brand; the company just needs "improved execution."

These wunderkinds don't run on the numbers, they run on their visions. They run on their grasp of the broad social/new media, consumer and advertising spaces, but also their understanding of nuance and the particulars of a user's daily routine.

They understand that if they execute and articulate their visions, numbers will follow. This new generation of leaders realizes they'll make mistakes. They'll hit roadblocks. And they'll be treated unfairly. But, even as they smile for the camera and accept it as part of the job, they recognize all of the scrutiny for what it is - noise.

That's tough for the media and investors to swallow. But, like I said, more people are coming around to long-term, mission-based thinking not old school put-up or shut-up machismo.

That's why Mayer gets a pass. Because she didn't just throw out words and phrases like "personalization" and "daily habit." She displayed a command of their relevance to Yahoo!'s business in the short and long term.

You don't wonder, as you have for the last five years on Yahoo! conference calls, if the CEO has any idea how to weave together a coherent strategy involving search, sports, finance and the company's other massive brands.

The same goes for Zuckerberg with relation to mobile. The kid, if I may, created Facebook. It's a hobby that morphed into a multi-billion dollar, worldwide powerhouse that has impacted upon almost every life, in some way, in North America and in other places around the world.

On Facebook's Tuesday afternoon earnings report, don't look to see that it's ahead of one of the biggest revolutions in the history of society -- the rapid shift from desktop to mobile. It's absurd to expect results to pace wildly ahead of the evolution of such an extraordinary phenomenon.

2 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs