Feeds

eBay piles up the cash

Barnstorming quarter

  • alert
  • submit to reddit

Top 5 reasons to deploy VMware with Tegile

eBay has had a barnstorming Q3 with net income up 69 per cent year on year to $103.3 million on sales up 84 per cent to £530.9 million,

The US e-tailer-cum-fraudster's paradise reports strong sales overseas, especially in Germany, the UK and South Korea. And it's gung-ho about prospects for the holiday season - you can even buy eBay gift certificates now.

eBay is sitting on a $2.6bn mountain of cash. Surely, it's time to start paying dividends. After all, the company can't sustain growth at this rate for forever, can it? But from the noises that CFO Rajiv Dutta is making, the company looks like it has some other things in mind. In a conference call, he said the company is considering acquisitions.

"We have enormous potential," he said. "We were struck by the number of extremely attractive opportunities that lie ahead." ®

Internet Security Threat Report 2014

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
Microsoft EU warns: If you have ties to the US, Feds can get your data
European corps can't afford to get complacent while American Big Biz battles Uncle Sam
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.