EBay said Wednesday its first-quarter profit surged 52%, helped by higher average selling price of goods sold on its auction site and sharp growth in its online payment business.
Shares of Ebay rose as much as 5% in late trading after the results were released.
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EBay profit surges 52% as sales, average prices rise
Wednesday, 18 April 2007 12:16
TECHNOLOGY
- Symantec confirms Internet Explorer exploit
- Nvidia accelerates GPU pixel processing
- Modern life is rubbish
- Hackers steal confidential global warming data
- Weekly hardware roundup
- ATI reveals Radeon 5970 overlocking details
- Gameloft chooses iPhone over Android
- Mutant Koobface worm attacks Skype accounts
- Microsoft: No backdoor in Windows 7
- Nvidia auctions "ultimate" gaming system on eBay
- Pinky Pogoplug USB thing is very perky
- We need Chrome
SCIENCE
- Steve Jobs determines smoking is injurious to your Mac
- Auto roti maker wins Intel prize
- 'Hobbits' really are a new human species
- Health IT doesn't save money
- Mammoths weren't killed off by meteor
- Tech Economy in the Hands of Nude Entrepreuners
- Space walkers will drink their own urine, dammit
- Intel throws millions of Euro into Exascale center
- Energy-saving lightbulbs get dimmer over time
- Scientists develop 'Star Trek phaser'
- Lab-on-a-chip provides instant disease diagnosis
- IBM simulates cat, maps human brain to improve chip tech