Sunday, July 26, 2009

EBay earnings fall 29% in second quarter

Link here: Link Full report with tables here: Link EBay released their second quarter reports today. Still no good news, the stats are still in decline, for the third quarter in a row. Here are q/q revenues for the last five quarters: 9%, 1%, (18%), (18%), (14%) As you can see, doing fine before Donahoe and his "disruptions", then the growth slows and losses set in. Donahoe's take on all this? "We are managing our business with focus and discipline, delivering on our commitments while investing in our growth priorities. I'm pleased with our pace, our progress and our performance." You and Jeff Bezos, John.



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