eBay Q4 Earnings

[mandy]

Scot Wingo with 4 blog posts on eBay's Q4 earnings:
http://ebaystrategies.blogs.com/ebay_str...ws--3.html
http://ebaystrategies.blogs.com/ebay_str...ws--2.html
http://ebaystrategies.blogs.com/ebay_str...ws--1.html
http://ebaystrategies.blogs.com/ebay_str...ews--.html

more:

EBay on Wednesday handily beat fourth-quarter views on strong holiday sales, but its outlook this quarter fell short of expectations and it said 10-year CEO Meg Whitman is stepping down.

Whitman's departure had been rumored for days. She will be replaced by John Donahoe, president of eBay's (NASDAQ:EBAY) marketplaces unit, as of March 31. She will remain on the company's board.

EBay shares were down about 6% after hours, after it released results and news of Whitman's departure and after gaining nearly 7% in regular trading...

full article: http://money.cnn.com/news/newsfeeds/arti...477696.htm

[Kristijntje]

More from Wingo:

# Q4 showed that core-eBay US's flu is getting worse and even spreading to EU.  eBay is now growing at less than half of e-commerce.  I have to re-state the obvious here.  If eBay is your only sales channel, you need to really re-think your strategy.  Even if you are bucking the trend and growing at 20% on eBay, that is destined not to last.  It will be at least 6 months if not 12 for the changes eBay is looking at to have a material positive impact and even if you love eBay to death, you have to take a business look and realize there is risk that eBay doesn't accelerate and stays at 8% or decreases further.  We strongly recommend you use Q1/Q208 to diversify your channels and spread some of the risk to other places.  Trust me, you'll sleep better.
# Active user growth is in a death spiral.  I worry eBay isn't doing enough around trust to solve this.  Finding+fee changes help, but they have to really nail fraud/trust and hammering sellers isn't the 'solve'.

full article: http://ebaystrategies.blogs.com/ebay_str...hts-f.html

[sneakymagenta]

I have to re-state the obvious here.  If eBay is your only sales channel, you need to really re-think your strategy.  Even if you are bucking the trend and growing at 20% on eBay, that is destined not to last.

:ditto: