eBay Releases Second Quarter 2014 Earnings, Revenue up 13 Percent

by: Ming the Merciless

Liar, liar, athletic cups on fire!

by: sasikat9

Sorry Ming but my profits are up and so are my fees....Hence so would Ebays

I'm sure I'm not the only one.

by: lucask7

What a bunch of altered B.S. And the corruption goes on!!!

by: Rexford

Of course they are. Who would expect anything less.  LOL

by: rhawk

Anyone remember Enron?

by: iheartjacksparrow

Almost to a person, people continue to comment here how their sales are way down, yet eBay's profits continue to be way up.  

by: Ming the Merciless

Always amazed at the folks who show up here at no other time except when ebay needs cheerleaders or defenders.

Sellers who make more money are a distinct minority of those whose first language probably isn't English or who reside in corporate head office enclaves.

by: Ming the Merciless

Always amazed at the folks who show up here at no other time except when ebay needs cheerleaders or defenders.

Sellers who make more money are a distinct minority of those whose first language probably isn't English or who reside in corporate head office enclaves.

by: Ina

I just added a link to my Newsflash article at the bottom of this post.

Very interesting conference call eBay had with analysts about impact of security breach, password reset, and Google SEO changes on eBay Marketplaces Q2 performance.

by: pace306

ALWAYS remember that %99 of what eBay tells you is a lie.

With eBay you HAVE to read in between the lines, since they cant tell the truth - even if they tried.

1) "Europe is "definitely more privacy sensitive and the EU - there was all sorts of talk from legislators and regulators and so the whole thing got a lot more media," he said."  - in the USA we got a pass since JD knows Obama and hence Holder - so we didnt get into any trouble, In the EU where we cant help get judges elected, cant violate local, state and federal trade laws - it was a bit tougher - we couldnt just BS our way through it all.

2) "growth of eBay's Marketplaces business was hampered by the password reset it required for all users in the second quarter following a security breach" - Less people then EVER trust eBay, and the continued harassment and assisted theft from sellers is finally comming to a head. We didnt think anyone would ever believe what sellers say, but the fact that we handled the breach and the Google incident proved that sellers have been right all along about how eBay operates.

3) "eBay's strategy: "couponing, seller incentives, and increased marketing spend," Swan said." - So, we are going to go back to the only playbook we have/know - and by seller incentives we mean force 90 returns or loose your TRS status, by increased market spending we mean giving ourselves another bonus in Q4, and by couponing we mean offer sellers free listings that most times never work, will never be seen, and will produce no sales - and email sellers about Bill Me Now (Rip ME Off Now) so we can make money on the interest.

Shall I go on?

eBays lack of improvements are predictable due to failures at the top. It would help if JD and Wennig at least read an ecommerce for Dummies book before making decisions.

All of the reporting is smoke n mirrors - good luck Sothebys.

by: Ric

Integrity and ethics continue to be set aside in San Jose.

The one percenters continue their manipulations and deceptions, Wall Street continues to accept them as facts, so it's business as usual for another 90 days.

Personally, I would like to see just one Wall Street analyst ask eBay to admit that they do not in any way account for the voluminous number of returns they encourage.

Virtually every other retailer deducts the retail value of returned goods from their gross sales, but not eBay.... eBay demands sellers accept returns due to the fact that said returns negatively impact sellers, but do not have any effect on eBay financials.

by: Maureen

Oh pleeese!
93% is a valid number to report. I agree it can't be everyone.
Without remembering all the years I have been on eBay what all the figures would actually be, that might be accurate because every day I log in thru google and it tells me what the market is worth. Most days it's in the negative ( which BTW is a good day to list your items) Somehow it always manages to get a Buyer. It is so bizarre.  

by: Paul W

''The one percenters continue their manipulations and deceptions, Wall Street continues to accept them as facts''
Wall Street knows exactly what's going on at eBay, as evidenced by eBay's stock price.  As opposed to some of the commenters who have no idea what they're talking about.  eBay may have you deceived; Wall street, no.

by: alaska

What is killing eBay is the thousands of free listings, which is swamping eBay with stuff that buyers have already seen a dozen times or more. I stopped running my weekly searches for vintage collectibles a while back because there is not enough new material compared to the masses of relists. eBay should allow buyers to filter out items that have been relisted twice, or relisted 5 times, or relisted 10 times. Let us set that parameter for each search. I wouldn't mind seeing an item relisted a few times in case I missed it the first or second time, but I don't have the time to wade through long lists of items that have been relisted a dozen or more times.

by: mastoyshop

Seriously (I think that is my word of the month) ebay whines about profit.. gee only 6% well what is 6% of 4.4 BILLION dollars.. Seriously.. Ebay needs to buck up and be happy for their 4.4 million when many are jobless, homeless and without meals.

by: Tiffee Jasso

I wanted to say something about folks who feel Ebay should narrow the listings and search down to just the things they can buy cheap and make a profit on and do away with all the rest, but I won't.

What I would like to know is why is Ebay buying its own stock back to the tune of a couple of billion dollars to date?  

by: Rexford

"Donahoe explained that the media in Europe is "definitely more privacy sensitive and the EU - there was all sorts of talk from legislators and regulators and so the whole thing got a lot more media," he said."

Well at least in one part of the world legislators and regulators stand up and take notice.  In the USA, it seem that anything eBay do is ok.  Smug John has them in his hip pocket.

by: FREDDY

Anyone who has their own business or works for a company at a top level will know how easy and often books are manipulated to receive the desired outcome.

ebay is no exception. ebay needs to show growth and profitability in order to keep the stock price up. How else will JD and boys get the huge bucks???

by: maxmad

Too funny just As predicted..  it's no surprise,

Just as the JDeeHoe planned, get rid of the noise on ebay the site, to clear the path for the Paypal riches, I am sure he is laughing at every angry ranting seller,  

You just wait and see what this butcher does to ebay sellers next, your only seeing the beginning, just wait and see,

As mentioned before, if you want change for ebay sellers, and the ebay site, BOYCOTT PAYPAL when you buy ANYTHING online, that's the golden egg, they will protect to the bitter end, and do whatever it takes, it's all they got.

 

by: Basset

When wall street, big business, government or media paint a rosy picture on the economy without explaining it is either pure spin or that it mostly affects the top 10 percent - I hear faint echoes of Big Daddy's drawl:


''What's that smell in this room? Didn't you notice it, Brick? Didn't you notice a powerful and obnoxious odor of mendacity in this room?... There ain't nothin' more powerful than the odor of mendacity... You can smell it. It smells like death.''

- credit to Richard Brooks, James Poe, based on Tennessee Williams play, Cat on a Hot Tin Roof.