Wednesday, January 21, 2009
eBay Q4 Earnings - First Blush!
I know you are all expecting my typical assessment of eBay's quarterly earnings, but I don't have the heart anymore. I've written this post 4 times already and each time I say "what difference will this make?"
I have been shouting about the troubles at eBay for over 2 years now. I've offered suggestions; I've criticised management and I've banged my head against the wall 100's of times, but nothing has changed. A once great company continues to struggle and now they can't even look further than Q1 of this year to see where they are headed.
It did not have to be this way, but it is.
Amazon will announce earnings next week, on the 29th, and while there numbers will be muted by the failing economy, they will be light years better than eBay's were. John Donahoe and his team are now "on the clock"
If you want details on the numbers please check Auctionbytes and eBayStrategies, they should have plenty of coverage.
Just my 15%