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EBay 3Q net income falls, but revenue rises (AP)

October 22nd, 2009 | No Comments | Posted in Aggregator

This came from Yahoo News

FILE - In this April 21, 2009 file photo, a display advertising the eBay application for iPhone and iPod is shown at an Apple store in Palo Alto, Calif. EBay Inc. on Tuesday, Oct. 21, 2009 said that even as third-quarter net income dipped 29 percent, its revenue rose largely because more people and merchants are using PayPal to pay for things online. (AP Photo/Paul Sakuma, file)AP – Despite a 29 percent decline in third-quarter net income, eBay Inc. saw stronger revenue in its marketplaces businesses, suggesting that efforts to revitalize its main Web site are gaining traction among bargain-hungry shoppers.

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