The numbers are coming in from e-commerce companies. Expectations ran high for the season, but sites such as Amazon.com remain below the break-even point. On the other hand, the auction space continues to amaze: eBay, for one, posts a profit and its stock continues to fly high. In the end, analysts are saying that AOL's numbers are indicative of the state of e-commerce.
eBay, Amazon.com surge on earnings
Shares of Internet auctioneer eBay and Amazon.com, the No. 1 online bookseller, surge after exceeding fourth-quarter earnings and sales expectations.
E-commerce results tell the tale
So far, the quarterly numbers from e-commerce companies are confirming the predictions of last fall: Americans are streaming onto the Net to make purchases.
AOL beats expectations, splits stock
Boosted by strong subscription growth, the online giant reports quarterly earnings that beat Wall Street estimates and announces a stock split.
eBay beats expectations
The online auction host released earnings today that were three cents ahead of Wall Street's projections. Despite some problems with user fraud, Wall Street remains high on the company.
Holidays boost Amazon's bottom line
The online retail giant beat analysts' expectations, but slim
gross margins continue to make it tough for the firm to break even.
CyberCash pulls ahead of expectations
The electronic-payments processor reports a loss of 46 cents per
share in the fourth quarter--a bit better than Wall Street expected.
Egghead losses widen
The online vendor of computer products and software saw revenue drop after it closed its 80 stores and took its business to the Net.