Learn how to sell on Amazon from Skip McGrath Follow Skip on Facebook
Follow Skip on Twitter
Learn How to Sell Used Books on Amazon

Don’t Miss a Single Post

Fill out this form to be notified of new blog posts.

Blog Search



See Also

Our Most Popular Posts

Resources at Amazon


eBay Listings Fall 6% But Sales and Profits Rise over 2006

July 19th, 2007 by Skip McGrath

eBay announced 2nd quarter earnings today that contained a few surprises

Here are some of the highlights of eBay’s announcement:

  • eBay reported record consolidated Q2-07 net revenues of $1.83 billion, representing a growth rate of 30% year over year. This is the money eBay and PayPal (and other subsidiaries) earn in fees
  • Operating income (GAAP) was $457 million, an increase of 47% year over year, and represented 24.9% of net revenues
  • eBay re-purchased approximately 10 million shares of its common stock at a total cost of approximately $344 million during the quarter out of its authorized stock repurchase program of up to $2 billion by January 2009.

  • The number of auctions listed dropped about 6% over the same period last year, yet  Gross Merchandise Value (The total value of the goods sold on eBay) rose 12%.  GMV rose to 14.46 Billion for the quarter which means eBay is on track to hit $60 billion in goods and services sold for all of 2007.

  • PayPal had another exceptional quarter, with accelerating Total Payment Volume (TPV) and revenue growth. PayPal’s Merchant Services business recorded outstanding results, as PayPal expanded its global footprint to new geographies and currencies during the quarter.

    PayPal net revenues totaled a record $454 million in Q2-07, a growth rate of 34% over the $339 million reported in Q2-06. Global TPV was $11.69 billion in Q2-07, a 32% increase from the $8.86 billion reported in Q2-06.

  • Even Skype had good news.  Skype income came in at $90 million and the total number of Skype users grew from 113 million to 220 million users over the past 12 months.

eBay executives also announced that they are working on a new advertising campaign to debut in the Fall (Let’s hope it’s not more windorphins) and that there will be several major changes coming to the platform during the rest of this year. (I always worry when I hear something like that).

Write a comment

iDrive Cloud Backup
Mailers USA

Skip's Newsletter
Own Your eBay Traffic
Complete ebay Marketing System
Niche Markets
Wholesale Buying System
Cleer Platinum
eBay Consignment Business
Site Build It!
© 1999- Harry McGrath, Inc., DBA Skip McGrath, Auction Seller's Resource and Vision-One Marketing. All Rights Reserved.

eBay Tools and Resources | Contact Us | Privacy Policy | Guest Contributions | Shipping & Return Policies
Home | Training | Free Articles | Tools & Resources | Web Wholesale SearchTestimonialsBlog