They’ve just received a staggering blow from Amazon. eBay says it’s the economy, yet their closest rival thrived in the same period in the same economy. eBay is still insisting things are on track. They are in denial.
What was all that mumbo jumbo? It was eBay’s Q3 Earnings Call for 2008! Contrary to what John Donahoe said on CNN Money recently, it seems eBay’s business IS down some. Let’s cut through all the figures and analyst jargon. Sales stink for most people. My friends, who used to regularly use eBay, now tell [...]
eBay had the Q2 2008 earnings call yesterday. The first one with John Donahoe at the wheel. There were decreases. They were blamed on things such as removal of fakes (what?), the economy (shouldn’t eBay do better when people are hunting for bargains?), and added supply, which lowers conversion rates (Buy.com?). Do you suppose the [...]