Got some old stuff you want to get rid of? CNET Editor Josh Lowensohn shows you how to do it using eBay.
RANCHO PALOS VERDES, Calif.--eBay chief executive John Donahoe on Wednesday defended both the decision to buy Skype as well as the company's later move to sell most of its stake in the Web telephony firm.
"It was an acquisition I'm not sorry we made," Donahoe said at the D: All Things Digital conference. "Taking risk is one of the things you have to do in an uncertain Internet (environment)."
eBay, he said, thought Skype could reduce friction by connecting buyers and sellers more directly. "It turns out Skype is a fantastic way … Read more
Last week I did the unthinkable. I sold my iPad on eBay.
Was it a case of buyer's remorse? There was some of that, sure. But more than anything it was due to Apple's returns and exchanges policy, which gives buyers two weeks (instead of the more typical 30 days) to change their mind. And if it's been opened, you have to pay a fairly standard 10 percent restocking fee, which for the iPad can range from $60 to $83, depending on what model you got.
To be fair, I knew about these limitations upfront. So, being … Read more
First-quarter earnings for eBay exceeded analysts' estimates, but the company's tepid second-quarter forecast appears to have turned investors' stomachs.
Shares in the eBay slid 7 percent Wednesday after the company said it expects profit of between 37 cents and 39 cents a share in the current quarter--short of the 40 cents a share the Street was expecting.
And a disappointing full-year outlook didn't help matters. As BGC Partners analyst Colin Gillis observed, "The expectations for a monster quarter are not materializing."
Still, the company did beat the Street in its latest quarter, reporting earnings of 42 … Read more
You know when something doesn't seem quite right to you? Like hot pants on a bloodhound? Or the chemical makeup of most human beings who live in Marin County, California?
Something didn't seem quite right to me the other day when I watched the campaign ad that purports to tell you why former eBay CEO Meg Whitman will remove some of the tarnish from the Golden State. (You know, the one that forgets to mention she's a Republican.)
It's not that this ad showed Whitman crunking in a nightclub. Or that it showed her showering admiration … Read more
We are in a recession. Perhaps it's even a depression. But it's really not that bad. You see, someone, somewhere just spent $41,300 on a Nintendo game.
Is Stadium Events a great Nintendo game? I suspect not many people really know. Because not many people have ever played it. Not many copies were ever produced. Just after it was launched, Nintendo ordered a recall.
It could be that there are only around 200 copies floating around the world. It could be that there are only 20.
Which undoubtedly moved someone to pay such a substantial amount of … Read more
eBay has lost another lawsuit filed against it by luxury goods maker Louis Vuitton Malletier.
The Paris District Court ruled Thursday that eBay was liable for harming the reputation of LVM's trademarks, company name, and domain name. LVM had sued eBay claiming that the site was using keywords that hurt the Louis Vuitton brand.
The Paris court has ordered eBay to pay damages of 200,000 euros ($273,176) and to cover LVM's legal fees to the tune of 30,000 euros. eBay will also be fined 1,000 euros for each future violation.
"Louis Vuitton welcomes … Read more
eBay's latest move, some of the auction site's devotees say, is straight out of the Ministry of Truth's playbook.
The company made an announcement on Tuesday announcement about lowering the listing fees for items--even though, in many cases, final value fees will be raised. The company's discussion forums simmered with outrage over the executive decision, and frustration over the lack of other options for auction-style e-commerce.
"What a joke," commented one person on the eBay Seller Central forum, asking for advice about transferring the items from an eBay "store" to another … Read more
eBay announced Tuesday that it's lowered listing fees for U.S. residents using the auction site to sell products, with new plans geared toward both frequent and infrequent sellers.
A new rate called "eBay Every Day" offers no up-front fee for the sellers of auction-style (rather than flat-rate sale) listings with a starting price of 99 cents or less. Once they've been sold, a fee of 9 percent is appended, with a maximum fee of $50; if the item doesn't sell, no fee is charged to the seller. An individual can do this for up … Read more
eBay beat Wall Street's expectations, reporting a net income of $585 million, or 44 cents per share, for the fourth quarter, a 9 percent jump over the same quarter a year ago. Revenue for the quarter was $2.4 billion, up 16 percent increase from a year ago. Analysts had expected earnings of 40 cents per share on sales of $2.29 billion. (Statement - PDF)
For the full year, eBay reported net income of $2.1 billion, or $1.58 per share, on sales of $8.7 billion. Analysts had been expecting an eps of $1.54 on … Read more