Google sales jump 18%

Google sales jump 18%

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Google reported revenues of $5.70 billion for the quarter ended December 31, 2008,
an increase of 18% compared to the fourth quarter of 2007 and an increase of 3%
compared to the third quarter of 2008. Google reports its revenues,
consistent with GAAP, on a gross basis without deducting traffic acquisition costs (TAC).
In the fourth quarter of 2008, TAC totaled $1.48 billion, or 27% of advertising revenues.
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Google IR

Announced Google quit selling newspaper ad space a few days ago,
aquisition of second revenue pocket would be notable significance.
Point of fucus is how Google Aps will defeat Microsoft software.

eBay Misses Expectations

eBay Misses Expectations

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The company on Wednesday reported net income of $367 million, or $0.29 per share, on revenue of $2 billion for the fourth quarter of 2008, compared with net income of $531 million, or $0.39 per share, on revenue of $2.2 billion in the same period a year ago.

eBay’s earnings fell short of Wall Street’s expectations; analysts were forecasting net income of $571 million on $2.3 billion of revenue.

Despite tumbling holiday sales, the company still did well for the entire year.

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Online C2C e-commerce services would have more business oppotunities under recession.

The largest Japanease online e-commerce service, Rakuten recorded highest-ever operating profit for Q3 2008 （YoY +100.2%）

A company is being put to test.