Is it time for an eBay renaissance?
The company has quietly been turning around a few analysts skeptical about its prospects. Can eBay be the bridge between online and offline commerce?
For a company with more than $2.3 billion in annual earnings and $9.1 billion in revenue, it has been shockingly fashionable to write off eBay. The common refrain: eBay is losing marketplace share. It's so Web 1.0. And eBay can't hang with Amazon.
However, eBay has quietly been turning around a few analysts on Wall Street and its powwow Wednesday won a few over. Simply put, eBay has some heady goals between now and 2013. Here's the bottom line outlook:
How will eBay get to that revenue goal? PayPal will carry the company.
Read more of "Is it time for an eBay renaissance?" at ZDNet's Between the Lines.