MarketFoolery: 01.19.2012
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 19 January 2012
⏱️ 16 minutes
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Summary
eBay and Southwest Airlines report earnings. Eastman Kodak files for bankruptcy.
Transcript
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| 0:00.0 | It's Thursday January 19th and this is market foolry. I'm Chris Helen joining me in studio today |
| 0:06.8 | from Motley Full Stock Advisor Jason Moser and from Motley Full Inside Value Joe |
| 0:10.3 | maker gentleman. Happy Thursday. |
| 0:12.3 | Happy Thursday. We will talk Southwest Airlines |
| 0:14.3 | Kodak and we will dip into the full mail bag but we are going to start with |
| 0:17.7 | eBay shares up 4% this morning after a strong earnings report. Joe, part of that was the finalizing of the sale of Skype to Microsoft. |
| 0:27.0 | But PayPal, as seems to always be the case, had a strong quarter. |
| 0:32.0 | What did you make of eBay's quarter? |
| 0:33.2 | Oh it was great yeah once you cut through kind of the you know fluctuating |
| 0:36.7 | numbers from Skype you see the underlying performance very strong. |
| 0:40.3 | eBay itself the eBay.com grew more active users last quarter than it has in any quarter in years. |
| 0:46.0 | So you can see the results of their big marketing posts really starting to pay off. |
| 0:50.1 | PayPal grew revenue 28%, which is pretty heady by just about any standard. |
| 0:56.0 | They grew their revenue, I'm sorry, their active user base up to 106 million people. |
| 1:01.3 | So now they're adding about a million new users for PayPal each month and they're |
| 1:06.3 | spending about $1,000 each year with PayPal and that's accelerating. |
| 1:12.0 | So a year ago that was 8% less a year before that it was 6% less and so |
| 1:16.6 | it's really as an investor exciting to see not just growth but accelerating growth in that business. |
| 1:22.4 | Amazon is reporting its latest earnings later this month and the analyst's expectations |
| 1:28.9 | for Amazon when you compare it to just the marketplace division of eBay sort of the core business |
| 1:37.3 | separating out PayPal. |
| 1:38.6 | The expectations from analysts for Amazon are more than twice what eBay just delivered. To what extent is eBay |
... |
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