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Can Yahoo! Rebound? Mobile Will Have a Big Say in Its Prospects


NEW YORK ( TheStreet) -- Yahoo! (YHOO - Get Report) , a firm that once challenged Google (GOOG - Get Report) with audacity continues to find it difficult to stay relevant and generate a healthy bottom line.

Its goes without saying that Yahoo!'s main line of business, online search and ads, remains sluggish. It is uncertain whether the company's most significant initiatives to generate a long-lasting turn-around will succeed.

Despite deals with Mozilla and Microsoft (MSFT - Get Report) that have somewhat positively impacted revenue, the search and ad division continues to underperform. A planned spin-off of its interest in Chinese, e-commerce giant Alibaba may not have much long-range impact. Yahoo!'s ability to build its mobile...