Ebay's income declines 31 percent, the worst since 1995

The turbulent economy battered eBay, and the online marketplace reported its profit fell 31 percent and that it had its first revenue decline since it started in 1995.

This was eBays first year-over-year quarterly decline, and were not happy about that," said John J. Donahoe, eBays president and chief executive in a conference call with analysts. Theres no doubt eBay was impacted by the macroeconomy, and our fourth-quarter results reflect this.

http://www.nytimes.com/2009/01/22/technology/companies/22ebay.html?ref=techno...

Is Donahoe that dense not to see that it is HIS actions and NOT the economy that is destroying ebay.

...talk about a dumbtard!

Cheers.

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• Donahoe
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• stocks
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[YesMrRight]

John Donahoe ceo of ebay is the main reason why ebay shares are tumbling down.

Donahoe blamed the economic slow-down /recession, but he did not want to admit that he is the only MAIN reason to cause ebay's lost.

He frightened away so many powersellers, he implemented no negative to buyers.

This is very lop-sided policy.

If ebay share-holders and bosses are not kicking him out of ebay.

One day, ebay will become a penny stock.

Donahoe kills ebay. check on google you will find out the truth.

[H0LLYW00DY]

You are very correct. Donahoe LIED when blaming the loss of sales on the economic slow-down/recession. The reason people were NOT BUYING on ebay was because there was no stock on the site... Donahoe's padded and fake DRS's have single-handedly removed sellers and along with the sellers, the stock left too.

[YesMrRight]

In business, you need to treat buyers or sellers fair and square.

donahoe implemented this policy: buyers can give sellers negative feedbacks. But sellers can't give buyers negative feedbacks.

donahoe needs to understand that Without sellers there will be no income for ebay. Sellers are like tax-payers to a country.

Tax-payers pay government salaries and expenses.

Sellers pay donahoe salaries and allowances.

Without sellers, donahoe has to look for another job. May be a blow job.

[NesBoy1985]

@WhereMyChicken Yup I had a buyer send me a huge paragraph with like 5 questions in it. He got his ass blocked LOL

[NesBoy1985]

@kerrytdme It's already happening, if you search anything on Ebay majority of the ads are from China and it's all fake goods. I have seen the steady decline now for the past 7 years and even tho I'm a member I rarely sell unless I have to just because the buyer has way too much power and can screw me over. I will never sell anything over 100 bucks that's for sure

[kerrytdme]

@YesMrRight ... Ebays policies against sellers would fit nicely in 1939 Germany. I;m happy to see their earnins decline... they have abandoned what made EBAY in the first place, the availability of collectibles and such you cant find elsewhere. they are driving those types of sellers away, and soon will be left with untold numbers of people selling them same exact cheap new chinese junk, when that day comes, we can rejioce in the end of HITLERBAY

[westcoastg4life]

Ebay sucks

[westcoastg4life]

Fuck ebay. They can suck it hard

[440sac]

how do they have a loss??? are they loosing out on the there server bandwidth? I cant figure out how they can post a loss when there chargin sellers 9 percent then there paypal is charging 5 percent, makes no sense to me

[WhereMyChicken]

Friend of mine has lost over $1000 in buyers filing false claims w/paypal saying they never got something when they signed for it.

Sellers are always getting screwed. The only answer is blocking people who ask dumb questions. They will bite you in the ass if they win something and no support from eBay.

[question4seller]

im a buyer not a seller and for the past year i cant find anymore good deals on ebay. Too many sellers were kicked off and now you have a few sellers selling everything at retail prices. You hardly ever see No Reserve auctions, that is because if there arent any good deals on there (sellers gone) the buyers will not return, good example is myself. I know search craigslist/amazon and will usually find a better deal there...

Dumb a hoe ruined ebay, what a looser.. kick him out already!!!

[nagmashdriver]

Not John Donahoe, John "Don't Wanna Know"

[HansCent]

eBay is getting desperate that they opened the doors to 'pirated' material from China (specifically HONG KONG) - their DS games, ipods, and everything are cheap but those are all bootleg. You can actually see what is wrong with pirated games in other youTube videos.