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-   -   Ebay now makes the bulk of its money outside the US. (https://gfy.com/showthread.php?t=822445)

directfiesta 04-16-2008 06:50 PM

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

IllTestYourGirls 04-16-2008 06:52 PM

never mind what I just typed

scottybuzz 04-16-2008 07:06 PM

whats the big deal? more trade is done now in europe than any other continent.

directfiesta 04-16-2008 07:09 PM

Quote:

Originally Posted by scottybuzz (Post 14077561)
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 ... :1orglaugh:1orglaugh


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