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Old 04-16-2008, 06:50 PM   #1
directfiesta
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Ebay now makes the bulk of its money outside the US.

surprising, no ?

Quote:
Weak dollar boosts eBay profits


Profits at online auction site eBay have risen 22% as the weak dollar helped boost the value of the firm's international sales.

EBay's net income rose to $459.7m (£233m) in the first three months of 2008 from $377.1m in the same period a year earlier.

It also gave a rosy outlook for the rest of the year, forecasting annual revenues between $8.7bn and $9bn.

The firm now makes the bulk of its money outside the US.

Revenue rose 24% to $2.19bn, benefiting from growth in eBay's international businesses.

The effect of translating overseas currencies into dollars boosted quarterly sales by $110m.

EBay's figures surpassed analysts' expectations.

....

http://news.bbc.co.uk/2/hi/business/7351637.stm
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Old 04-16-2008, 06:52 PM   #2
IllTestYourGirls
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never mind what I just typed
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Old 04-16-2008, 07:06 PM   #3
scottybuzz
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whats the big deal? more trade is done now in europe than any other continent.
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Old 04-16-2008, 07:09 PM   #4
directfiesta
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Quote:
Originally Posted by scottybuzz View Post
whats the big deal? more trade is done now in europe than any other continent.
perception ... I have no intention of losing my time telling you that Ebay is an American company, that it generated most of its income from the USA, and so on..

Obviously, you are in a class by yourself ...
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