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????1??28??????????????????2014??12??31???????????????????????????????????12.53?????????????????12.66????????1%??????????????????1.66?????????????????3.48????????52%??
??????????????????ù??????????????????е?????????????????????????????????е?????????????????3????????????????SpinCo????????????????????????????????????????8%?????
?????????????????SpinCo??????????????????????е????????????????SpinCo??????????????й????
???????????????????????б?????????????????????????????????????????35.5%??????SpinCo????????????????????3.84???????????????????2015??1??26??????????????????????????????400???????
???????????????????
????--??????????????12.53?????????????????12.66????????1%??
????--????????????????????5.32?????????????????5.53????????4%??
????--???????????????????????????????????????4.64?????????????????4.91????????5%??
????--?????????????????????4.67?????????????????4.64?????????1%??
????--????????????????????????????????????????4.62????????????????????
????--?????????????????????2.54???????????????????2.49???????
????--???????????????????ó????TAC??????11.79???????????????????12.00???????
????--??????????????????3200?????????????????1.74????????82%??????????????????????????????????????2.56?????????????????3.30????????22%??
????--????????????????1.66?????????????????0.17?????2013??????????????????????3.48?????????????????0.33????????????????????????????????????????????0.30?????????????????0.46?????
????2014????????????
????--???2014????????46.18????????????2013?????46.80???????
????--???2014??????????????18.68?????????2013?????19.50????????4%??
????--???2014?????????????????????????????????16.63?????????2013?????17.37????????4%??
????--???2014???????????????17.93?????????2013?????17.42?????????3%??
????--???2014??????????????????????????????????17.84?????????2013?????16.99?????????5%??
????--???2014????????????ó????TAC??????44.01?????????2013?????44.26????????1%??
????--???2014????????????1.43???????????2013????????????5.90????????????????????????????2014????????????7.55???????????2013?????9.35???????
????--???2014?????????75.22???????2014???????????????????????????63????????棩????????????7.45?????2013???????????????13.66?????????????????1.26??????????????????????????2014???????????????1.57?????????????????1.52?????
????????????й??????·÷?????Marissa Mayer?????????“????????????????2014?????????????裬????????????????????????????????????????????????Ч????????????2014??????????????????????2.54???????????????23%??????2014???????????????12.6??????????????????????????????????7.68??????????????????--???????????????????--?????????????11????????????????????95%??”
????????????????·???????Ken Goldman???????“???????????????????ú??????????е????????2012??????????????????????????97??????????????3.54?????????????????????????????29%??????27.44?????????????????????????????????????????????????????????????е??????????????????????????????????????????500???????”
???????????????????
??????????????????12.53?????????????????12.66????????1%???????????????????????9.72???????????????????9.60??????????EMEA???????ж?????????????????????0.96???????????????????1.03???????????????????????????1.84???????????????????2.02???????
????2014????????????
???????2014????????46.18????????????2013?????46.80??????????????????2014????????35.18???????????2013?????34.82??????????EMEA????2014????????3.75???????????2013?????3.85?????????????????2014????????7.25???????????2013?????8.14???????
??????????????
????????2014??12??31??????????100?????????????????????м????????????2013??12??31???50?????????50???????????????????2014????????2200????6200????????????9.80???????24???????
?????г????????????
??????????????????????г????????·????????????г??????????????????????????????????0.29?????????11.9???????
????????????????????????г????潻?????μ?1.45??????????2.93%????????47.99?????????????????????????????????3.70?????????7.71%??????51.69????????52???????????32.15??????????52.62?????