Yahoo had reported a net profit of $331 million for the quarter ending May 30, 2013, up 46% from $226 million profit in the same quarter last year. Here are some notes from Yahoo’s Investor conference call: Shift from people to product development: Yahoo CEO Marissa Mayer said that Yahoo is currently in second sprint which is all about execution, improving products and increasing traffic. Its first sprint, according to her, was getting people to believe in Yahoo and making the company a great place to work. Yahoo weather app: During the quarter, Yahoo launched a standalone weather app and Mayer noted that since its launch daily users have increased by 150%. Note that Yahoo's weather app takes image background from Yahoo's photo sharing app Flickr. 3x more uploads on Flickr: Coming to Yahoo's photo sharing app Flickr, Yahoo launched a new version of Flickr web allowing users with 1TB of space for free. Mayer informs that since its launch, Yahoo has seen daily photo uploads increased three times (and occasionally seven times) across Flickr desktop and mobile. Other apps: In June 2013, Yahoo launched a new version of its Yahoo Sports app with more content and new design. The app has, since then, seen 50% growth in daily users from Q1 to Q2. Note that Yahoo has not disclosed the number of daily users it receives on the app. It also launched Yahoo Mail for mobile and tablets with magazine like reading experience which Yahoo claims has driven 120% increase in daily active users across…
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