Yahoo to scale back on mobile apps
SAN FRANCISCO (AP) -- Yahoo CEO Marissa Mayer thinks the Internet company will be able to please more people with fewer smartphone applications.
Mayer told an audience of investors during a Tuesday presentation that she thinks Yahoo will be better served with just 12 to 15 mobile applications, down from a "scattered" portfolio of as many as 75 different programs in recent years.
Offering so many different mobile applications has proven too overwhelming for Yahoo's 200 million mobile users, Mayer said. By jettisoning some mobile applications and combining some elements in the same program, Mayer is betting Yahoo's services will become more deeply ingrained as daily habits that will "delight and inspire" users.
"We don't want to overload people by expecting them to download too many distinct, individual apps," Mayer said. Without saying so directly, she indicated that Yahoo is likely to concentrate its mobile apps on finance, sports, email, weather, entertainment, news and video.
Her remarks came during her first appearance at an investment conference since she ended her 13-year career as a top Google Inc. executive to become Yahoo's CEO seven months ago.
Mayer, 37, has consistently stressed that Yahoo needs to come up with a better mobile strategy and hire more engineers specializing in applications for smartphones and tablet computers, to accelerate the company's growth.
Yahoo Inc., based in Sunnyvale, Calif., was stuck in a financial funk that caused its stock price to steadily sink until Mayer's arrival. The shares have surged by 36 percent since Mayer became CEO and, on Tuesday, touched their highest level in more than four-and-half years in a show of Wall Street faith in Mayer. The stock closed at $21.21 Tuesday, up 31 cents.