"Anthony Noto" is the current Chief Financial Officer of Twitter. Previously, he was a Managing Director at Goldman Sachs and the CFO of the National Football League.

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The intensifying competitive landscape from larger, better- funded competitors creates some uncertainty.

This is the best we have felt about the (business) in a year. We see entirely new dimensions of growth.

We continue to advise investors to buy Yahoo! shares as we see 20 per cent plus appreciation potential to our new implied value of $50.

Consumers end up getting more products with better prices and greater value.

The data show that online consumers are more educated, are spending more, and are more satisfied than they were last year.

The important fact is they're a first mover in a high-margin business that will have increased adoption rates as we move forward.

Consumers continue to shop later in the online holiday season as their trust in on-time delivery grows. While 2005 holiday sales appear to be at the high end of expectations, continued heightened competition could hurt profitability.