Friday, January 21, 2011

eBay earnings fall less than expected in 2010

The group of Internet distribution eBay announced Wednesday, January 19, the results (. Pdf) exceeded expectations despite 25% drop in net income for 2010, 1.801 billion dollars (1.34 billion euros). The market had largely anticipated because the decline due to a difficult comparison from one year to another, PayPal end of 2009 had benefited from the sale of 70% of internet telephony group Skype, which had reported more than 1 billion dollars (743 million).

Turnover has meanwhile increased by 5% over the year as during the last quarter alone, respectively, to 9.16 billion dollars and 2.495 billion dollars, remaining broadly in line with expectations. OPTIMISM FOR 2011 The payment subsidiary Paypal, locomotive group, saw its sales jump by 23% during the year to 3.44 billion dollars (2.56 billion euros), with + 22% during the last quarter alone.

The Group Chief Executive John Donahoe said on a conference call with analysts that the international was now half the revenue from Paypal. Merchant sites grew more modestly by 8% during the year to 5.72 billion dollars (4.25 billion dollars), with particularly strong gains in the U.S., UK and Germany.

The mobile is also an axis of development for the commercial sites, which generated almost $ 2 billion (1.49 billion euros) on sales of portable devices in 2010. Over the full year 2011, the group expects sales of between 10.3 and 10.6 billion (between 7.65 and 7.87 billion euros) or + 12 to + 16%.

The action jumped almost 5% at these ads in electronic trading after the close of the New York Stock Exchange, before settling around + 2.75% to 29.90 dollars (22.20 euros).

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