Oct 24 2008
Low eBay Christmas Sales Expected
eBay recently announced their low expectations for Christmas sales. Their fourth quarter sales are expected to be lower than they had previously expected. sales for the quarter are expected to be only slightly higher than their third-quarter sales.
That’s really pretty bad. Fourth quarter sales of most businesses are a larger percentage of their yearly sales. eBay usually makes out like a bandit in the fourth quarter because of Christmas sales. This does not bode well for sellers who rely on their Christmas sales for their income or to pay for Christmas gifts.
But, to keep it in perspective, even if the fourth quarter is as bad as they say it will be, eBay will still earn over $2 billion.
