Friday, April 12, 2013

EBAY: eBay To Build On Its Strong 2012 Performance In Earnings

eBay To Build On Its Strong 2012 Performance In Earnings
by Trefis

Quick Take We expect the company to build on the stellar growth of 2012 when revenues grew 20% to $14 billion. Earnings for Q1 2013 are expected April 17. The expansion into emerging markets and growth in smartphone penetration will help drive marketplace’s growth. PayPal’s growth will be driven by offline expansion through hardware and mobile apps. eBay (NASDAQ:EBAY) capped off a great year with a spectacular holiday season quarter. Increased adoption of mobile devices for e-commerce and payment purposes saw the company beat its own estimates for the year. Buoyed by the performance, the company set aggressive targets for 2015. read more »

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