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Holiday shopping, PayPal help eBay 4Q profit rise (AP)

January 21st, 2010 | No Comments | Posted in Aggregator

This came from Yahoo News

Toys are seen on display at The eBay Shop at eBay headquarters in San Jose, Calif., Tuesday, Jan. 19, 2010. EBay Inc. said Wednesday its fourth-quarter profit more than tripled, largely because of the sale of its Skype telecommunications business. (AP Photo/Paul Sakuma)AP – EBay Inc. said Wednesday its fourth-quarter earnings rose as its PayPal payments business grew and holiday shoppers gravitated to its online auctions and “Buy It Now” offerings. The company also logged a large gain from the November sale of its Skype telecommunications business.

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