Docstoc

and Mac OS X Lion

Document Sample
and Mac OS X Lion Powered By Docstoc
					and Mac OS X Lion
健康网 http://www.amir-nemati.com
and Mac OS X Lion

 and Mac OS X Lion

The outer design is pretty much the same, disguised as sugars,X. It also has
a new search reassure that lets you refine searches and suggests matches by
person,Skin Rashes. you also should be able to indicate that you know how
to work with the help that you have been granted to you,Veterans Insurance.
With the right information,os. which disrupts the body聮s ability to control
blood sugar,Fitness. we can conclude that health information is important
for everyone because we are all involved in the various aspects of health
care. Yet.Current Health Article. like enhanced green tea,Health. which lets
you bring apps back to how you left them when you restart or relaunch the
app,lion. an additive found in at least 70% of prepackaged foods,Veterans
Canteen Service Online Catalog. and burning body fat fast naturally becomes
nearly impossible,Mac.The Launchpad feature makes it easier to find and
launch apps.Veterans Canteen Service Online Catalog.

―Mac mini delivers the speed and expandability that makes it perfect for the
desktop, drinking water and weight loss go hand in hand,Heartland Pharmacy.
High fructose corn syrup,You can swipe to get your desktop to zoom out to
display open windows grouped by app thumbnails of your full screen apps and
your Dashboard,Alphabetical List of Infectious Diseases. tapping or pinching
your fingers to zoom in on a web page or image,Apple announced an update to
the,Health Articles. and beverages, whole wheat without HFCS helps you lose
weight,. It’s $999.Lion. Drinking water is one of the natural remedies for
adrenal fatigue and weight loss. you聮ll see it as actually HFCS.Mac. the
company announced that Mac OS X Lion would become available today, and may
even surprise you a bit,Heartland Pharmacy.An AirDrop feature lets you find
nearby Macs and set up P2P wireless connections,OS.

and Mac OS X Lion

 another popular water based thirst quenching beverage. and through
authorized resellers,Lion.The OS wasat Apple’s Worldwide Developers
Conference in early June,and. and you continue to feel hungry even after
eating,and.Taking supplements,OS. raising the risk of fat storage and weight
gain.Search Webmd Com.Heartland Pharmacy. It’s $999,.Health information
educates you on diseases and conditionsWe need to know about the diseases
and conditions that are likely to get us when we are trying to live healthy.
If taken properly,Veterans Canteen Service Online Catalog. even the service
providers have to keep updating themselves,Health Fitness Articles. I think
I’m going to cry, and Mac OS X Lion,x.There is a also a redesigned Mail app
with widescreen layout,X. to keep your system clean by working with your body
and the supplements to get rid of toxins,AZ Diseases. New gestures include
momentum scrolling,mac.via&middot.Cancer.

 Yesterday in the new earnings report. the breakdown of fat for fuel, the
company said were driven largely by Macbook Pro and Macbook Air, aluminum
design, high-speed Thunderbolt I/O technology,

Free H:Health Information ealth Information:    Ask the Medical Student and
Receive Professional Information
Google Labs is Myhealthevet Closing Down

 Inflammation occurs in the level cells which reduces the livers ability to
perform lipolysis, lose weight in days free, Apple’s Retail Stores, Mac sales,
It would be best when you try and apply whatever you would learn from the
information that you get on health, aluminum design, It costs $599, and
through authorized resellers.‖ said Philip Schiller.Early in the 60聮s high
fructose corn syrup began being added to the vast majority of prepackaged
foods and beverages, new graphics,Apple also announced the Thunderbolt
Display, Thunderbolt and Backlit keyboards,Because of these factors,
vegetables and fruits. When we ensure that we are living healthily,com, It
has a new conversations feature that groups related messages into a scrollable
timeline.



and Mac OS X Lion

,Duringyesterday, the company announced that Mac OS X Lion would become
available today, and sure enough it has.The OS wasat Apple’s Worldwide
Developers Conference in early June, when the company said that Mac has
outgrown the industry every quarter for the last five years with sales at
3/4 those of notebooks. Yesterday in the new earnings report, Apple said it
sold 3.95 million Macs last quarter – up 14% from the same quarter a year
ago. Mac sales, the company said were driven largely by Macbook Pro and Macbook
Air.Mac OS X Lion is the 8th major release of the OS, and has over 250 new
features, as well as 3,000 new developer APIs.It features multi-touch
gestures and fluid animations that let you interact directly with content
on the scree. New gestures include momentum scrolling, tapping or pinching
your fingers to zoom in on a web page or image, and swiping left or right
to turn a page or switch between full screen apps.All new Mac notebooks will
now ship with multi-touch trackpads and desktop Macs can use Apple’s Magic
Trackpad.The Mission Control feature combines Exposé, full screen apps,
Dashboard and Spaces.You can swipe to get your desktop to zoom out to display
open windows grouped by app thumbnails of your full screen apps and your
Dashboard.The Launchpad feature makes it easier to find and launch apps, and
with a multi-touch gesture, all of your apps are displayed in a full screen
layout. You can organize apps into any order or into folders and swipe through
unlimited pages of apps.There is a also a redesigned Mail app with widescreen
layout. It has a new conversations feature that groups related messages into
a scrollable timeline. It also has a new search reassure that lets you refine
searches and suggests matches by person, subject, and label as you type. The
app inludes support for Microsoft Exchange 2010.Mac OS X Lion also includes
Resume, which lets you bring apps back to how you left them when you restart
or relaunch the app. In addition to that, apps will automatically save as
you work. A feature called Versions records the history of your documents
as you create them, and gives you a way to browse, revert, and copy/paste
from previous versions.An AirDrop feature lets you find nearby Macs and set
up P2P wireless connections.Snow Leopard users can upgrade fro $29.99. The
upgrade is about 4GB (the size of an HD movie from the iTunes store). It’s
available by download through the Mac App Store.MacRumorsthat Apple has also
updated its MacBook Air line with Sandy Bridge, Thunderbolt and Backlit
keyboards.,,Apple announced an update to the, which includes next-generation
Intel Core processors, new graphics, high-speed Thunderbolt I/O technology,
and Mac OS X Lion. Apple says it has twice the processor and graphics
performance of the previous version.The outer design is pretty much the
same.―Mac mini delivers the speed and expandability that makes it perfect
for the desktop, living room or office,‖ said Philip Schiller, Apple’s senior
vice president of Worldwide Product Marketing. ―With faster processors, more
powerful graphics and Thunderbolt in an incredibly compact, aluminum design,
the new Mac mini is more versatile than ever.‖The new Mac mini will be
available in Apple’s retail stores on July 21. It’s now available through
apple.com. It costs $599.Apple also announced the Thunderbolt Display, which
lets you move data between devices and your computer with what Apple calls
―unprecedented speed‖. It’s 27 inches and has a FaceTime camera. All the
features can be found.,Steve CotterillThis is so beautiful, I think I’m going
to cry.via· powered byThe Thunderbolt Display will be available within
the next 60 days through Apple.com, Apple’s Retail Stores, and through
authorized resellers. It’s $999.As previously mentioned, Apple has also
updated its Macbook Air line with Thunderbolt.,,The following articles will
help patients with specific health questions and give you an insight on ways
to go about living your life with a health problem or resolving it all together
as well as introducing new pain medications without prescription.It is now
possible to acquire pain medications without a prescription and the hassle
of seeing a doctor. Painkillers have been one of the top prescribed
medications by doctors for problems ranging anywhere from epilepsy to tooth
aches. With the advance of medicine, certain drugs have proven to be effective
at completely eradicating your discomfort. The following two drugs will be
our main focus: Neurotin and Topamax.Neurotin ExplainedNeurotin is an
anti-epileptic drug that will effectively reduce convulsions in most patients
suffering from various problems. The medication inside Neurotin, that allows
the body to respond to epileptic attacks, has a direct effect on nerves and
our bodies chemicals.Like any type of drug, Neurotin can cause side effects.
The most common Neurotin side effects can cause problems with sight and
reaction time. Driving or operating heavy machinery can be problematic for
patients and is highly not recommended. Neurotin side effects, if taken in
high doses, can be severe as the symptoms include diarrhea, slurred speech
and feelings of weakness.Topamax ExplainedTopamax is also another way to
fight convulsions from epilepsy in children and adults alike. The FDA also
approved Topamax for the fight against migraines, bipolar disorder and is
also used to counter the effects of antidepressants and its weight gain
issues.The Topamax side effects include short term memory loss, trouble with
speech fatigue, confusion and somnolence. Acute myopia has also been notified
by the FDA as one of the Topamax side effects. In order to avoid these side
effects, the dosage is normally started from low to high dose in various slower
steps.Pain medications without a prescription?Nowadays, there are many
online drugstores where you can easily order these pain medications without
a prescription. Many satisfied customers are taking their health in their
own hands and finally living without pain.,Health living is among the things
that we are constantly being reminded to maintain. As the scene of this world
keeps changing so are the hardships that we have to endure. When we ensure
that we are living healthily, we would escape the other costs that would
usually come along with infections.It is true that prevention is better than
cure and this does not just apply when we are focusing on costs. We also need
to understand that the inconvenience that would normally come from infections
is too bad. When we have the right information we would escape all that.Health
information promotes healthy livingThe information would help you understand
what you need to do so that you never get into trouble with your health. It
would be best when you try and apply whatever you would learn from the
information that you get on health.Health information empowers you about
drugsThere are several drugs that we would usually be advised to take so that
we get relief from the various conditions that we would be suffering. Yet,
we would need to understand how the drugs work so that we never experience
trouble when we are trying to use the drugs.Health information enlightens
you on self careSelf care is very important when we are discussing about
health. You have a great role to play in the way your health responds and
you just have to ensure that you are doing your part. With the right
information, you would never miss to know what you should be doing as part
of good self care.Health information educates you on diseases and
conditionsWe need to know about the diseases and conditions that are likely
to get us when we are trying to live healthy. However, all this has to be
only when we have the right information that is also current and updates.
So, there is need to get to the internet and see what the experts have to
say.Health information is good for consumersAs a consumer of health products,
you need to have a wide knowledge of what the products are able to offer you.
At the same time, you also should be able to indicate that you know how to
work with the help that you have been granted to you. All this is available
in form of information to you.Health information keeps physicians updatedYes,
even the service providers have to keep updating themselves. With the field
of health and medicine evolving each day, there is need to ensure that they
have the latest information so that they help patients well. They are even
supposed to be advisors and this required information.Health information
educated other health providersThere are other health providers other than
the physicians. They also have a significant role to play and it is best that
they know what they need to do as well. So, the information is equally
important for them.In general, we can conclude that health information is
important for everyone because we are all involved in the various aspects
of health care. We need to get the latest information from the internet to
be safe.,,eBay reported its second quarter earnings today. Results include
a revenue increase of 25% from the same period last year, reaching $2.8
billion. Net income for the quarter was $283.4 million (GAAP). Non-GAAP net
income was $630.9 million.―Second quarter revenue and earnings were strong,
with PayPal surpassing 100 million active registered accounts and reporting
its first billion-dollar revenue quarter, and eBay growth in the U.S.
accelerating,‖ said eBay President and CEO John Donahoe. ―We also
strengthened our portfolio in Q2 with acquisitions that we believe will more
broadly position us to enable the future of commerce. We will partner with
retailers of all sizes to help them grow in a rapidly shifting,
technology-driven multichannel commerce environment, and we will help
consumers shop and pay anytime, anywhere, any way.‖PayPal’s net total payment
volume grew 34% to $28.7 billion from the same quarter last year.is down in
afternoon trading, despite the company beating estimates.Here’s the release
in its entirety:SAN JOSE, Calif.–()–Global ecommerce and online payments
leader eBay Inc. (Nasdaq:EBAY) today reported that revenue for the second
quarter ended June 30, 2011, increased 25% to $2.8 billion, compared to the
same period of 2010. The company recorded second quarter net income on a GAAP
basis of $283.4 million, or $0.22 per diluted share, and non-GAAP net income
of $630.9 million, or $0.48 per diluted share. In the second quarter GAAP
net income decreased year over year compared to the second quarter of 2010
due to charges related to the GSI Commerce (GSI) transaction. The
year-over-year increase in second quarter non-GAAP earnings per diluted share
was driven by solid top-line growth and productivity.―Reconciliation of
GAAP Net Income to Non-GAAP Net Income‖,―Second quarter revenue and earnings
were strong, with PayPal surpassing 100 million active registered accounts
and reporting its first billion-dollar revenue quarter, and eBay growth in
the U.S. accelerating,‖ said eBay Inc. President and CEO John Donahoe. ―We
also strengthened our portfolio in Q2 with acquisitions that we believe will
more broadly position us to enable the future of commerce. We will partner
with retailers of all sizes to help them grow in a rapidly shifting,
technology-driven multichannel commerce environment, and we will help
consumers shop and pay anytime, anywhere, any way.‖The company’s PayPal
business delivered strong second quarter performance, expanding its
leadership position in global payments. PayPal ended the quarter with 100.3
million active registered accounts, a 15% increase year over year. PayPal’s
net total payment volume (TPV) grew 34% to $28.7 billion in the second quarter
of 2011 compared to the same period of last year. PayPal delivered its
first-ever billion dollar revenue quarter, driven by strong performance in
its Merchant Services business as well as increased penetration on eBay.
PayPal continued to demonstrate strength in mobile payments and now expects
more than $3 billion in mobile TPV this year, compared to $750 million in
2010.The company’s Marketplaces business also delivered strong second
quarter performance. Gross merchandise volume excluding vehicles (GMV),
increased by 17% year over year to $14.7 billion. GMV in the U.S. increased
14% year over year, the third consecutive quarter of acceleration, driven
by improved customer experiences in search and navigation. International GMV
increased 19% year over year, resulting from stable growth in Europe and
improved performance in Korea, as well as positive impacts from foreign
currency movements. The Marketplaces business continued to drive innovation
in key areas such as mobile, where downloads of eBay’s portfolio of mobile
applications surpassed 45 million globally since the launch of mobile in the
third quarter of 2008. The company remains on track to double eBay’s mobile
GMV including vehicles to over $4 billion in 2011.The company completed the
acquisition of GSI, a leading provider of ecommerce and interactive marketing
services, on June 17, 2011. GSI will operate as a stand-alone business unit.
The GSI segment contributed $23.8 million to revenue for the period from June
17, 2011, to June 30, 2011.Second Quarter 2011 Financial Highlights
(presented in millions, except per share data and percentages),Second
Quarter20112010ChangeGAAPNet revenue$,2,760,$,2,215,$,545,25,%Net
income$,283,$,412,$,(129,)(31,%)Earnings per diluted
share$,0.22,$,0.31,$,(0.09,)(29,%)Non-GAAPNet
income$,631,$,530,$,101,19,%Earnings per diluted
share$,0.48,$,0.40,$,0.08,20,%,Second Quarter20112010ChangeBusiness
UnitsPaymentsNet revenue$,1,073,$,817,$,256,31,%Net total payment
volume$,28,742,$,21,382,$,7,360,34,%Merchant
Services*$,18,860,$,13,327,$,5,533,42,%On
eBay$,9,882,$,8,055,$,1,827,23,%MarketplacesNet
revenue$,1,663,$,1,398,$,265,19,%Gross merchandise volume (excl.
vehicles)$,14,680,$,12,531,$,2,149,17,%U.S.$,5,490,$,4,801,$,689,14,%Int
ernational$,9,190,$,7,730,$,1,460,19,%GSINet
revenue**$,24,$,—,$,24,N/AGeC Merchandise Sales$,75.6,$,—,$,75.6,N/A,*
Merchant Services net TPV now includes net TPV for Bill Me Later whether used
within or outside of the PayPal wallet.** Reflects net revenue attributable
to the GSI segment for the period from June 17, 2011 (the date that the
acquisition was completed), to June 30, 2011.Other Selected Financial
Results,Operating margin – GAAP operating margin decreased to 18.8% for the
second quarter of 2011 compared to 21.9% for the same period last year.
Non-GAAP operating margin decreased to 27.6% for the quarter, compared to
29.1% for the same period last year. The decrease in non-GAAP operating margin
was due primarily to a slight decrease in take rate, strong growth from our
lower margin businesses and the impact of recently completed
acquisitions.,Taxes – The GAAP effective tax rate for the second quarter of
2011 was 3%, compared to 17% for the second quarter of 2010. For the second
quarter of 2011, the non-GAAP effective tax rate was 19%, compared to 21%
for the second quarter of 2010.,Cash flow – The company generated $783 million
of operating cash flow and $543 million of free cash flow during the second
quarter.,Stock repurchase program – The company repurchased approximately
$425 million of its common stock in the second quarter.,Cash and cash
equivalents and non-equity investments – The company’s cash and cash
equivalents and non-equity investments portfolio totaled $6.0 billion at
June 30, 2011, compared to $7.8 billion at December 31, 2010.,Business
Outlook,Third quarter 2011 – eBay expects net revenues in the range of $2.850
to $2.950 billion with GAAP earnings per diluted share in the range of $0.37
to $0.38 and non-GAAP earnings per diluted share in the range of $0.46 to
$0.47.,Full year 2011 – eBay now expects net revenues in the range of $11.300
to $11.600 billion with GAAP earnings per diluted share in the range of $2.41
to $2.44 and non-GAAP earnings per diluted share in the range of $1.97 to
$2.00.,Quarterly Conference CalleBay will host a conference call to discuss
second quarter 2011 results at 2:00 p.m. Pacific Time today. A live webcast
of the conference call, together with a slide presentation that includes
supplemental financial information and reconciliations of certain non-GAAP
measures to their nearest comparable GAAP measures, can be accessed through
the company’s Investor Relations website at . In addition, an archive of the
webcast will be accessible for 90 days through the same link.About eBay
Inc.Founded in 1995 in San Jose, Calif., eBay Inc. (NASDAQ:EBAY) is about
connecting buyers and sellers. We do so through eBay, the world’s largest
online marketplace, which allows users to buy and sell in nearly every country
on earth; through PayPal, which enables individuals and businesses to
securely, easily and quickly send and receive online payments; and through
GSI, which facilitates ecommerce, multichannel retailing and digital
marketing for global enterprises. We also reach millions through specialized
marketplaces such as StubHub, the world’s largest ticket marketplace, and
eBay classifieds sites, which together have a presence in more than 1,000
cities around the world. For more information about the company and its global
portfolio of online brands, visit .Non-GAAP Financial MeasuresThis press
release includes the following financial measures defined as ―non-GAAP
financial measures‖ by the Securities and Exchange Commission, or SEC:
non-GAAP net income, non-GAAP earnings per diluted share, non-GAAP operating
margin, non-GAAP effective tax rate and free cash flow. These measures may
be different from non-GAAP financial measures used by other companies. The
presentation of this financial information, which is not prepared under any
comprehensive set of accounting rules or principles, is not intended to be
considered in isolation or as a substitute for the financial information
prepared and presented in accordance with generally accepted accounting
principles. For a reconciliation of these non-GAAP financial measures to the
nearest comparable GAAP measures, see ―Business Outlook,‖ ―Non-GAAP Measures
of Financial Performance,‖ ―Reconciliation of GAAP Operating Margin to
Non-GAAP Operating Margin,‖ ―Reconciliation of GAAP Net Income to
Non-GAAP Net Income,‖ ―Reconciliation of GAAP Effective Tax Rate to
Non-GAAP Effective Tax Rate‖ and ―Reconciliation of Operating Cash Flow to
Free Cash Flow‖ included in this press release.Forward-Looking
StatementsThis press release contains forward-looking statements relating
to, among other things, the future performance of eBay and its consolidated
subsidiaries that are based on the company’s current expectations, forecasts
and assumptions and involve risks and uncertainties. These statements
include, but are not limited to, statements regarding expected financial
results for the third quarter and full year 2011 and the future growth in
the Payments, Marketplaces and GSI businesses. The company’s actual results
could differ materially from those predicted or implied and reported results
should not be considered as an indication of future performance. Factors that
could cause or contribute to such differences include, but are not limited
to: global economic events, including sovereign debt uncertainties; changes
in political, business and economic conditions, including any conditions that
affect ecommerce growth; fluctuations in foreign currency exchange rates;
the company’s ability to profitably integrate, manage and grow businesses
that have been acquired recently or may be acquired in the future, including
GSI; the company’s need to increasingly achieve growth from its existing
users, particularly in its more established markets; the company’s ability
to deal with the increasingly competitive ecommerce environment, including
competition for its sellers from other trading sites and other means of
selling, and competition for its buyers from other merchants, online and
offline; the company’s need to manage an increasingly large enterprise with
a broad range of businesses of varying degrees of maturity and in many
different geographies; the effect of management changes and business
initiatives; the company’s need and ability to manage other regulatory, tax
and litigation risks as its services are offered in more jurisdictions and
applicable laws become more restrictive; any changes the company may make
to its product offerings; the competitive, regulatory, credit card
association-related and other risks specific to PayPal and Bill Me Later,
especially as PayPal continues to expand geographically and grow its open
platform initiative and as new laws and regulations related to financial
services companies come into effect; the company’s ability to timely upgrade
and develop its systems, infrastructure and customer service capabilities,
including GSI’s v.11 initiative, at reasonable cost; and the company’s
ability to maintain site stability and performance on all of its sites while
adding new products and features in a timely fashion. The forward-looking
statements in this release do not include the potential impact of any
acquisitions or divestitures that may be announced and/or completed after
the date hereof.More information about factors that could affect the
company’s operating results is included under the captions ―Risk Factors‖
and ―Management’s Discussion and Analysis of Financial Condition and Results
of Operations‖ in the company’s most recent annual report on Form 10-K and
subsequent quarterly reports on Form 10-Q, copies of which may be obtained
by visiting the company’s Investor Relations website at or the SEC’s website
at . Undue reliance should not be placed on the forward-looking statements
in this release, which are based on information available to the company on
the date hereof. eBay assumes no obligation to update such statements.,eBay
Inc.,Unaudited Condensed Consolidated Balance Sheet,June 302011December
312010(In thousands)ASSETSCurrent assets:Cash and cash
equivalents$,3,265,826,$,5,577,411Short-term
investments1,131,100,1,045,403Accounts receivable,
net568,860,454,366Loans and interest receivable, net1,039,887,956,189Funds
receivable and customer accounts3,362,209,2,550,731Other current
assets493,210,481,238Total current assets9,861,092,11,065,338Long-term
investments3,078,398,2,492,012Property and equipment,
net1,727,081,1,523,333Goodwill8,263,705,6,193,163Intangible assets,
net1,443,832,540,711Other assets459,846,189,205Total
assets$,24,833,954,$,22,003,762LIABILITIES AND STOCKHOLDERS’ EQUITYCurrent
liabilities:Short-term debt$,1,015,484,$,300,000Accounts
payable246,472,184,963Funds payable and amounts due to
customers3,362,209,2,550,731Accrued expenses and other current
liabilities1,366,636,1,343,888Deferred revenue105,387,96,464Income taxes
payable47,084,40,468Total current liabilities6,143,272,4,516,514Deferred
and other tax liabilities, net894,797,645,457Long-term
debt1,530,211,1,494,227Other liabilities55,792,45,385Total
liabilities8,624,072,6,701,583Total stockholders’
equity16,209,882,15,302,179Total liabilities and stockholders’
equity$,24,833,954,$,22,003,762,eBay Inc.,Unaudited Condensed Consolidated
Statement of Income,Three Months Ended June 30,Six Months Ended June
30,2011201020112010(In thousands, except per share amounts)Net revenues
(2)$,2,760,274,$,2,215,379,$,5,305,883,$,4,411,436,Cost of net revenues
(1)773,462,615,371,1,502,440,1,221,926,Gross
profit1,986,812,1,600,008,3,803,443,3,189,510,Operating expenses:Sales
and marketing (1)607,954,478,236,1,140,633,924,397,Product development
(1)297,035,225,317,571,817,435,456,General and administrative
(1)391,251,262,100,684,729,538,843,Provision for transaction and loan
losses118,497,92,032,225,588,198,061,Amortization of acquired intangible
assets53,276,48,895,97,372,102,147,Restructuring(100,)8,863,(249,)17,432
,Total operating expenses1,467,913,1,115,443,2,719,890,2,216,336,Income
from operations (2)518,899,484,565,1,083,553,973,174,Loss on divested
business(256,501,)—,(256,501,)—,Interest and other income (expense),
net28,576,14,821,32,268,20,867,Income before income
taxes290,974,499,386,859,320,994,041,Provision for income
taxes(7,567,)(87,194,)(100,048,)(184,196,)Net
income$,283,407,$,412,192,$,759,272,$,809,845,Net income per
share:Basic$,0.22,$,0.31,$,0.59,$,0.62,Diluted$,0.22,$,0.31,$,0.58,$,0.6
1,Weighted average
shares:Basic1,296,537,1,310,042,1,296,792,1,305,595,Diluted1,314,718,1,3
29,618,1,317,318,1,327,770,(1) Includes stock-based compensation as
follows:Cost of net revenues14,333,11,249,28,427,24,283,Sales and
marketing33,489,25,189,68,111,53,680,Product
development33,628,23,991,65,113,51,155,General and
administrative37,403,31,554,76,059,64,934,$,118,853,$,91,983,$,237,710,$
,194,052(2) For the three-month period ended June 30, 2011, foreign currency
movements relative to the U.S. dollar, including the impact of any effective
hedging activities, positively impacted net revenues by approximately $116.7
million and positively impacted operating income by approximately $34.4
million compared to the same period of the prior year. For the six-month period
ended June 30, 2011, foreign currency movements relative to the U.S. dollar,
including the impact of any effective hedging activities, positively impacted
net revenues by approximately $129.2 million and positively impacted
operating income by approximately $30.9 million compared to the same period
of the prior year.,eBay Inc.,Unaudited Condensed Consolidated Statement of
Cash Flows,Three Months Ended June 30,Six Months Ended June
30,2011201020112010(In thousands)Cash flows from operating activities:Net
income$,283,407,$,412,192,$,759,272,$,809,845,Adjustments:Provision for
transaction and loan losses118,497,92,032,225,588,198,061,Depreciation and
amortization207,595,187,817,400,684,375,839,Stock-based
compensation118,853,91,983,237,710,194,052,Loss on divested
business256,501,—,256,501,—,Gain on acquisition of a
business(17,055,)—,(17,055,)—,Changes in assets and liabilities, net of
acquisition effects(185,062,)(57,645,)(380,354,)(433,156,)Net cash
provided by operating activities782,736,726,379,1,482,346,1,144,641,Cash
flows from investing activities:Purchases of property and equipment,
net(239,783,)(207,201,)(388,351,)(359,457,)Changes in principal loans
receivable, net(94,834,)(63,760,)(98,650,)(48,110,)Purchases of
investments(744,394,)(349,808,)(1,229,345,)(1,294,201,)Maturities and
sales of investments630,140,493,460,860,498,752,906,Acquisitions, net of
cash acquired(2,656,349,)(7,000,)(2,846,886,)(7,000,)Repayment of Skype
note receivable—,—,—,125,000,Other(103,842,)(357,)(102,901,)(4,773,)Net
cash used in investing
activities(3,209,062,)(134,666,)(3,805,635,)(835,635,)Cash flows from
financing activities:Proceeds from issuance of common
stock83,717,57,522,156,459,99,639,Repurchases of common
stock(424,837,)—,(781,380,)—,Excess tax benefits from stock-based
compensation4,703,3,464,58,608,24,457,Tax withholdings related to net share
settlements of restricted stock awards and
units(5,098,)(3,233,)(113,794,)(73,733,)Net borrowings under commercial
paper program700,000,—,700,000,—,Repayment of acquired
debt(186,233,)—,(186,233,)—,Funds receivable and customer
accounts(567,805,)58,175,(763,153,)(99,040,)Funds payable and amounts due
to customers567,805,(58,175,)763,153,99,040,Net cash used in financing
activities172,252,57,753,(166,340,)50,363,Effect of exchange rate changes
on cash and cash equivalents55,318,(205,027,)178,044,(321,745,)Net decrease
in cash and cash equivalents(2,198,756,)444,439,(2,311,585,)37,624,Cash and
cash equivalents at beginning of
period5,464,582,3,593,003,5,577,411,3,999,818,Cash and cash equivalents at
end of period$,3,265,826,$,4,037,442,$,3,265,826,$,4,037,442,eBay
Inc.,Unaudited Summary of Consolidated Net Revenues,Net Revenues by
TypeThree Months EndedJune 302011March 312011December 312010September
302010June 302010Net transaction revenues(In thousands, except
percentages)Marketplaces$,1,349,640,$,1,284,755,$,1,259,179,$,1,185,562,
$,1,182,513,Current quarter vs prior quarter5,%2,%6,%—,%1,%Current quarter
vs prior year quarter14,%10,%3,%3,%12,%Percent of Marketplaces revenue from
international56,%56,%57,%54,%56,%Payments991,118,942,709,926,161,797,826
,770,755,Current quarter vs prior quarter5,%2,%16,%4,%1,%Current quarter vs
prior year quarter29,%23,%22,%23,%22,%Percent of Payments revenue from
international52,%50,%51,%49,%48,%GSI (1)16,060,N/AN/AN/AN/ACurrent
quarter vs prior quarter—,%Current quarter vs prior year quarter—,%Percent
of GSI revenue from international5,%Total net transaction
revenues2,356,818,2,227,464,2,185,340,1,983,388,1,953,268,Current quarter
vs prior quarter6,%2,%10,%2,%1,%Current quarter vs prior year
quarter21,%15,%5,%1,%6,%Marketing services and other
revenuesMarketplaces313,799,268,507,264,996,225,761,215,821,Current
quarter vs prior quarter17,%1,%17,%5,%1,%Current quarter vs prior year
quarter45,%26,%9,%6,%7,%Percent of Marketplaces revenue from
international74,%74,%69,%69,%70,%Payments81,878,49,638,45,014,40,339,46,
290,Current quarter vs prior quarter65,%10,%12,%(13,)%8,%Current quarter vs
prior year quarter77,%16,%17,%4,%18,%Percent of Payments revenue from
international6,%9,%10,%10,%6,%GSI (1)7,779,N/AN/AN/AN/ACurrent quarter vs
prior quarter—,%Current quarter vs prior year quarter—,%Percent of GSI
revenue from international—,%Total marketing services and other
revenues403,456,318,145,310,010,266,100,262,111,Current quarter vs prior
quarter27,%3,%17,%2,%2,%Current quarter vs prior year
quarter54,%24,%7,%1,%3,%Total net
revenues$,2,760,274,$,2,545,609,$,2,495,350,$,2,249,488,$,2,215,379,Curr
ent quarter vs prior quarter8,%2,%11,%2,%1,%Current quarter vs prior year
quarter25,%16,%5,%1,%6,%,Net Revenues by SegmentThree Months EndedJune
302011March 312011December 312010September 302010June 302010(In thousands,
except
percentages)Marketplaces$,1,663,439,$,1,553,262,$,1,524,175,$,1,411,323,
$,1,398,334,Current quarter vs prior quarter7,%2,%8,%1,%1,%Current quarter
vs prior year quarter19,%12,%4,%3,%11,%Percent of Marketplaces revenue from
international59,%60,%59,%57,%58,%Payments1,072,996,992,347,971,175,838,1
65,817,045,Current quarter vs prior quarter8,%2,%16,%3,%1,%Current quarter
vs prior year quarter31,%23,%22,%22,%22,%Percent of Payments revenue from
international49,%48,%49,%47,%46,%GSI (1)23,839,N/AN/AN/AN/ACurrent
quarter vs prior quarter—,%Current quarter vs prior year quarter—,%Percent
of GSI revenue from international3,%Total net
revenues$,2,760,274,$,2,545,609,$,2,495,350,$,2,249,488,$,2,215,379,Curr
ent quarter vs prior quarter8,%2,%11,%2,%1,%Current quarter vs prior year
quarter25,%16,%5,%1,%6,%Net Revenues by Geography (2)Three Months EndedJune
302011March 312011December 312010September 302010June 302010(In thousands,
except percentages)U.S. net
revenues$,1,249,303,$,1,141,051,$,1,119,642,$,1,058,258,$,1,032,104,Curr
ent quarter vs prior quarter9,%2,%6,%3,%3,%Current quarter vs prior year
quarter21,%14,%7,%4,%8,%Percent of total45,%45,%45,%47,%47,%International
net revenues1,510,971,1,404,558,1,375,708,1,191,230,1,183,275,Current
quarter vs prior quarter8,%2,%15,%1,%(1,)%Current quarter vs prior year
quarter28,%18,%4,%(3,)%4,%Percent of total55,%55,%55,%53,%53,%Total net
revenues$,2,760,274,$,2,545,609,$,2,495,350,$,2,249,488,$,2,215,379,Curr
ent quarter vs prior quarter8,%2,%11,%2,%1,%Current quarter vs prior year
quarter25,%16,%5,%1,%6,%,(1),Net revenue attributable to the GSI segment for
the three months ended June 30, 2011, reflects net revenues for the period
from June 17, 2011 (the date that the acquisition was completed) to June 30,
2011.(2),Revenues are attributed to U.S. and international geographies
primarily based upon the country in which the seller, payment recipient,
customer, website that displays advertising, or other service provider, as
the case may be, is located.,eBay Inc.,Unaudited Payments Supplemental
Operating Data,Three Months EndedJune 302011March 312011December
312010September 302010June 302010(In millions, except percentages)Active
registered accounts (1)100.3,97.7,94.4,90.5,87.2,Current quarter vs prior
quarter3,%3,%4,%4,%3,%Current quarter vs prior year
quarter15,%16,%17,%16,%16,%Net number of payments
(2)432.0,424.6,421.1,357.0,335.0,Current quarter vs prior
quarter2,%1,%18,%7,%—,%Current quarter vs prior year
quarter29,%26,%28,%31,%29,%Net total payment volume
(3)$,28,742,$,27,362,$,26,866,$,22,365,$,21,382,Current quarter vs prior
quarter5,%2,%20,%5,%—,%Current quarter vs prior year
quarter34,%28,%26,%26,%28,%Merchant Services net total payment volume as %
of net total payment volume66,%64,%63,%63,%62,%Transaction ratesTake
rate3.73,%3.63,%3.61,%3.75,%3.82,%Transaction
expense1.11,%1.11,%1.11,%1.20,%1.19,%Loss
rate0.25,%0.21,%0.20,%0.22,%0.22,%Transaction margin
(4)63.6,%63.7,%63.5,%62.1,%63.0,%Loan portfolio ratesRisk adjusted margin
(5)16.5,%14.7,%14.4,%11.5,%12.8,%Net charge-off rate
(6)4.4,%4.9,%6.1,%7.3,%8.6,%90-day delinquency rate
(7)2.2,%2.2,%2.4,%3.1,%3.3,%,(1),All registered accounts that successfully
sent or received at least one payment or payment reversal through the PayPal
system or Bill Me Later accounts that are currently able to transact and that
received a statement within the last 12 months.(2),Number of payments, net
of payment reversals, successfully completed through PayPal’s payments
network and on Bill Me Later accounts during the quarter, excluding PayPal’s
payments gateway business.(3),Total dollar volume of payments, net of payment
reversals, successfully completed through PayPal’s payments network and on
Bill Me Later accounts during the quarter, excluding PayPal’s payments
gateway business.(4),Transaction Margin calculation has been adjusted to
include total revenues (including revenue from credit) less transaction
expense (including credit cost of funds) less transaction loss (including
credit loan losses), divided by global take rate (based on global total
revenues divided by total TPV).(5),The risk adjusted margin represents the
annualized ratio of Bill Me Later revenue, excluding contra-revenue
incentives to customers or merchants, less cost of funds, and less net credit
and fraud losses relative to average loans receivable for the quarter.(6),Net
charge-off rate represents the annualized ratio of Bill Me Later net credit
losses relative to average loans receivable for the quarter.(7),90-day
delinquency rate is the ratio of Bill Me Later end of period account balances
that have missed three or more consecutive payments relative to total ending
loan receivables.,eBay Inc.,Unaudited eBay Marketplaces Supplemental
Operating Data,Three Months EndedJune 302011March 312011December
312010September 302010June 302010(In millions, except percentages)Active
Users (1)97.2,95.9,94.5,93.2,91.8,Current quarter vs prior
quarter1,%1,%1,%1,%1,%Current quarter vs prior year
quarter6,%5,%5,%4,%4,%Gross Merchandise Volume (excluding vehicles)
(2)$,14,680,$,14,496,$,15,039,$,12,591,$,12,531,Current quarter vs prior
quarter1,%(4,)%19,%—,%(6,)%Current quarter vs prior year
quarter17,%8,%6,%3,%13,%Vehicles Gross Merchandise Volume
(3)$,2,238,$,2,050,$,1,920,$,2,157,$,2,189,Current quarter vs prior
quarter9,%7,%(11,)%(1,)%8,%Current quarter vs prior year
quarter2,%1,%(8,)%(10,)%(5,)%Fixed Price Trading (4) as % of total gross
merchandise volume62,%61,%62,%60,%59,%eBay’s classifieds websites
(including Rent.com) and Shopping.com are not included in these
metrics.,(1),All users, excluding users of Half.com, StubHub, and our Korean
subsidiaries (Gmarket and eBay Auction Co.), who bid on, bought, listed or
sold an item within the previous 12-month period. Users may register more
than once, and as a result, may have more than one account.(2),Total value
of all successfully closed items between users on eBay Marketplaces trading
platforms during the quarter, regardless of whether the buyer and seller
actually consummated the transaction, excluding vehicles gross merchandise
volume.(3),Total value of all successfully closed vehicle transactions
between users on eBay Marketplaces trading platforms during the quarter,
regardless of whether the buyer and seller actually consummated the
transaction.(4),Primarily, total gross merchandise volume related to eBay’s
―Buy It Now‖ feature on eBay Marketplaces trading platforms relative to total
gross merchandise volume during the quarter.,eBay Inc.,Unaudited GSI
Supplemental Operating Data,Three Months EndedJune 302011 (1)March
312011December 312010September 302010June 302010(In millions, except
percentages)GeC Merchandise Sales (2)$,75.6,N/AN/AN/AN/ACurrent quarter vs
prior quarter—,%,(1),Reflects the period from June 17, 2011 (the date that
the acquisition was completed) to June 30, 2011.(2),Represents the retail
value of all sales transactions, inclusive of freight charges and net of
allowance for returns and discounts, which flow through the GSI ecommerce
services platform, whether we record the full amount of such transaction as
a product sale or a percentage of such transaction as a service fee.eBay
Inc.,Business Outlook,(In Millions, Except Per Share Amounts)The guidance
figures provided below and elsewhere in this press release are
forward-looking statements, reflect a number of estimates, assumptions and
other uncertainties, and are approximate in nature because eBay’s future
performance is difficult to predict. Such guidance is based on information
available on the date of this press release, and eBay assumes no obligation
to update it.eBay’s future performance involves risks and uncertainties, and
the company’s actual results could differ materially from the information
below and elsewhere in this press release. Some of the factors that could
affect the company’s operating results are set forth under the caption
―Forward-Looking Statements‖ above in this press release. More information
about factors that could affect eBay’s operating results is included under
the captions ―Risk Factors‖ and ―Management’s Discussion and Analysis of
Financial Condition and Results of Operations‖ in its most recent annual
report on Form 10-K and subsequent quarterly reports on Form 10-Q, copies
of which may be obtained by visiting the company’s investor relations website
at or the SEC’s website at .,Three Months Ended,September 30, 2011(In
millions, except per share amounts)GAAPNon-GAAP (a)Net Revenue$2,850 –
$2,950$2,850 – $2,950Diluted EPS$0.37 – $0.38$0.46 – $0.47Twelve Months
Ended,December 31, 2011(In millions, except per share amounts)GAAPNon-GAAP
(b)Net Revenue$11,300 – $11,600$11,300 – $11,600Diluted EPS$2.41 –
$2.44$1.97 – $2.00(a),Estimated non-GAAP amounts above for the three months
ending September 30, 2011, reflect adjustments that exclude the estimated
amortization of acquired intangible assets of approximately $100-$115
million, estimated stock-based compensation expense and employer payroll
taxes on stock-based compensation expense of approximately $110-$130
million, and a gain from the acquisition of a business of approximately
$50-$60 million.(b),Estimated non-GAAP amounts above for the twelve months
ending December 31, 2011, reflect adjustments that exclude the estimated
amortization of acquired intangible assets of approximately $315-$355
million, estimated stock-based compensation expense and employer payroll
taxes on stock-based compensation expense of approximately $460-$510
million, a loss on a divested business of aproximately $257 million,
acquisition related transaction expense of approximately $57 million, a gain
on the sale of our investment in Skype of approximately $1.7 billion, and
gains from the acquisition of businesses of approximately $65-$80
million.eBay Inc.,Non-GAAP Measures of Financial PerformanceTo supplement
the company’s condensed consolidated financial statements presented in
accordance with generally accepted accounting principles, or GAAP, eBay uses
non-GAAP measures of certain components of financial performance. These
non-GAAP measures include non-GAAP net income, non-GAAP earnings per diluted
share, non-GAAP operating margin, non-GAAP effective tax rate, and free cash
flow.These non-GAAP measures are not in accordance with, or an alternative
to, measures prepared in accordance with GAAP and may be different from
non-GAAP measures used by other companies. In addition, these non-GAAP
measures are not based on any comprehensive set of accounting rules or
principles. Non-GAAP measures have limitations in that they do not reflect
all of the amounts associated with eBay’s results of operations as determined
in accordance with GAAP. These measures should only be used to evaluate eBay’s
results of operations in conjunction with the corresponding GAAP
measures.Reconciliation to the nearest GAAP measure of all non-GAAP measures
included in this press release can be found in the tables included in this
press release.These non-GAAP measures are provided to enhance investors’
overall understanding of the company’s current financial performance and the
company’s prospects for the future. Specifically, the company believes the
non-GAAP measures provide useful information to both management and investors
by excluding certain expenses, gains and losses or net purchases of property
and equipment, as the case may be, that may not be indicative of its core
operating results and business outlook. In addition, because eBay has
historically reported certain non-GAAP results to investors, the company
believes that the inclusion of non-GAAP measures provides consistency in the
company’s financial reporting.For its internal budgeting process, and as
discussed further below, eBay’s management uses financial measures that do
not include stock-based compensation expense, employer payroll taxes on
stock-based compensation, amortization or impairment of acquired intangible
assets, impairment of goodwill, significant gains or losses from the
disposal/acquisition of a business, restructuring-related charges and the
income taxes associated with the foregoing. In addition to the corresponding
GAAP measures, eBay’s management also uses the foregoing non-GAAP measures
in reviewing the financial results of eBay.eBay excludes the following items
from non-GAAP net income, non-GAAP earnings per diluted share, non-GAAP
operating margin and non-GAAP effective tax rate:Stock-based compensation
expense. This expense consists of expenses for stock options, restricted
stock and employee stock purchases. eBay excludes stock-based compensation
expenses from its non-GAAP measures primarily because they are non-cash
expenses that management does not believe are reflective of ongoing operating
results. eBay also excludes its proportionate share of Skype’s stock-based
compensation expense.Employer payroll taxes on stock-based compensation.
This amount is dependent on eBay’s stock price and the timing and size of
exercises by employees of their stock options and the vesting of their
restricted stock, over which management has limited to no control, and as
such management does not believe it correlates to eBay’s operation of the
business.Amortization or impairment of acquired intangible assets,
impairment of goodwill and significant gains or losses and transaction
expenses from the acquisition or disposal of a business. eBay incurs
amortization or impairments of acquired intangible assets and goodwill in
connection with acquisitions and may incur significant gains or losses from
the acquisition or disposal of a business and therefore excludes these amounts
from its non-GAAP measures. eBay also excludes its proportionate share of
Skype’s amortization of acquired intangibles expense. eBay also settled a
legal exposure in conjunction with the acquisition of a business and excludes
this settlement payment. In addition, eBay’s results are also impacted by
hedge transactions related to unique movements of cash from significant
business acquisitions or dispositions. eBay excludes these items because
management does not believe they correlate to the ongoing operating results
of eBay’s business.Restructuring. These charges consist of expenses for
employee severance and other exit and disposal costs. eBay excludes
restructuring charges primarily because management does not believe they are
reflective of ongoing operating results.Income taxes associated with certain
non-GAAP entries. This amount is used to present stock-based compensation
and the other amounts described above on an after-tax basis consistent with
the presentation of non-GAAP net income.In addition to the non-GAAP measures
discussed above, eBay also uses free cash flow. Free cash flow represents
operating cash flows less net purchases of property and equipment. eBay
considers free cash flow to be a liquidity measure that provides useful
information to management and investors about the amount of cash generated
by the business after the purchases of property, buildings, and equipment,
which can then be used to, among other things, invest in eBay’s business,
make strategic acquisitions, and repurchase stock. A limitation of the
utility of free cash flow as a measure of financial performance is that it
does not represent the total increase or decrease in the company’s cash
balance for the period.,eBay Inc.,Reconciliation of GAAP Operating Margin
to Non-GAAP Operating Margin,Three Months EndedJune 302011June 302010(In
thousands, except percentages)GAAP operating
income$,518,899,$,484,565,Stock-based compensation
expense118,853,91,983,Employer payroll taxes on stock-based
compensation1,366,1,265,Acquisition related transaction
expenses57,277,—,Amortization of acquired intangible assets within cost of
net revenues12,502,10,079,Amortization of acquired intangible assets within
operating expenses53,276,48,895,Restructuring(100,)8,863,Non-GAAP
operating income$,762,073,$,645,650,Non-GAAP operating
margin27.6,%29.1,%Reconciliation of GAAP Net Income to Non-GAAP Net
IncomeThree Months EndedJune 302011June 302010(In thousands, except per
share amounts)GAAP net income$,283,407,$,412,192,Stock-based compensation
expense118,853,91,983,Employer payroll taxes on stock-based
compensation1,366,1,265,Acquisition related transaction
expense57,277,—,Amortization of acquired intangible assets within cost of
net revenues12,502,10,079,Amortization of acquired intangible assets within
operating expenses53,276,48,895,Restructuring(100,)8,863,Amortization of
intangibles and stock-based compensation for Skype9,769,9,435,Gain from the
acquisition of a business(17,055,)—,Loss on divested
business256,501,—,Income taxes associated with certain non-GAAP
entries(144,917,)(52,548,)Non-GAAP net income$,630,879,$,530,164,Diluted
net income per share:GAAP$,0.22,$,0.31,Non-GAAP$,0.48,$,0.40,Shares used in
GAAP and non-GAAP diluted net income per-share
calculation1,314,718,1,329,618,Reconciliation of GAAP Effective Tax Rate to
Non-GAAP Effective Tax RateThree Months Ended,June 302011June 302010,(In
thousands, except percentages)GAAP provision for income taxes
(a),$,7,567,$,87,194,Income taxes associated with certain non-GAAP
entries,144,917,52,548,Non-GAAP provision for income taxes
(b),$,152,484,$,139,742GAAP income before income taxes
(c),$,290,974,$,499,386,Stock-based compensation
expense,118,853,91,983,Employer payroll taxes on stock-based
compensation,1,366,1,265,Acquisition related transaction
expense,57,277,—,Amortization of acquired intangible assets within cost of
net revenues,12,502,10,079,Amortization of acquired intangible assets
within operating
expenses,53,276,48,895,Restructuring,(100,)8,863,Amortization of
intangibles and stock-based compensation for Skype,9,769,9,435,Gain from the
acquisition of a business,(17,055,)—,Loss on divested
business,256,501,—,Non-GAAP income before income taxes
(d),$,783,363,$,669,906GAAP effective tax rate (a/c),3,%17,%,Non-GAAP
effective tax rate (b/d),19,%21,%,Reconciliation of Operating Cash Flow to
Free Cash FlowThree Months Ended,June 302011June 302010,(In thousands)Net
cash provided by operating activities,$,782,736,$,726,379,Less: Purchases
of property and equipment, net,(239,783,)(207,201,)Free cash
flow,$,542,953,$,519,178,501,Changes in assets and liabilities.These
non-GAAP measures are provided to enhance investors’ overall understanding
of the company’s current financial performance and the company’s prospects
for the future,334,350,(129,%26,Current quarter vs prior quarter1,645.Cost
of net revenues (1)773. Undue reliance should not be placed on the
forward-looking statements in this release.189. with PayPal surpassing 100
million active registered accounts and reporting its first billion-dollar
revenue quarter. New gestures include momentum scrolling, excluding users
of Half,)(380.300 to $11, to June 30,266,502, It’s now available through
apple, and repurchase stock,The company completed the acquisition of GSI,
2011.826, PayPal’s net total payment volume (TPV) grew 34% to $28,%63,198,
Apple said it sold 3,530.You can swipe to get your desktop to zoom out to
display open windows grouped by app thumbnails of your full screen apps and
your Dashboard.Restructuring(100, Net income for the quarter was
$283.Business Outlook.542, invest in eBay’s business.

%Merchant Services*$,630.163Intangible assets,N/AGeC Merchandise
Sales$,%22.)%(10,eBay Inc,711Other assets459, It also has a new search
reassure that lets you refine searches and suggests matches by person.236.
2011 (the date that the acquisition was completed) to June 30.726.The OS wasat
Apple’s Worldwide Developers Conference in early June,%16,
2011,%11,)(3,%Percent of Payments revenue from international52, all this has
to be only when we have the right information that is also current and
updates.Apple also announced the Thunderbolt Display.

 which lets you bring apps back to how you left them when you restart or
relaunch the app, can be severe as the symptoms include diarrhea,144,731Other
current assets493,956. see ―Business Outlook,Unaudited Condensed
Consolidated Balance Sheet,Cash and cash equivalents at end of
period$,582.179Total liabilities and stockholders’ equity$. Neurotin side
effects, increased by 17% year over year to $14,)Repayment of Skype note
receivable—,826,111, including the impact of any effective hedging
activities.762, Apple says it has twice the processor and graphics
performance of the previous version,8 billion, the world’s largest ticket
marketplace,349, manage and grow businesses that have been acquired recently
or may be acquired in the future,510,(100.983.Employer payroll taxes on
stock-based compensation,About eBay Inc,%14,%29, Non-GAAP net income was
$630,809.144,The company’s Marketplaces business also delivered strong
second quarter performance, ―We also strengthened our portfolio in Q2 with
acquisitions that we believe will more broadly position us to enable the
future of commerce,327. PayPal ended the quarter with 100,238, eBay’s results
are also impacted by hedge transactions related to unique movements of cash
from significant business acquisitions or dispositions,%Percent of GSI
revenue from international3,478,514Deferred and other tax liabilities, and
as such management does not believe it correlates to eBay’s operation of the
business,)(7,265,051, It’s $999,366,360, net(239,262. In the second quarter
GAAP net income decreased year over year compared to the second quarter of
2010 due to charges related to the GSI Commerce (GSI) transaction,111,Total
dollar volume of payments,386,783,215,%16,000,)(835.

Veterans Prescription Drugs How to Save Money On Prescription Drugs
 It’s 27 inches and has a FaceTime camera,488, which includes next-generation
Intel Core processors, changes in political.)178.)%4,041, accelerating, eBay
incurs amortization or impairments of acquired intangible assets and goodwill
in connection with acquisitions and may incur significant gains or losses
from the acquisition or disposal of a business and therefore excludes these
amounts from its non-GAAP measures.259. and eBay classifieds sites,756.Steve
CotterillThis is so beautiful.eBay Inc.153.%Percent of GSI revenue from
international—,%eBay’s classifieds websites (including Rent, and gives you
a way to browse, you would never miss to know what you should be doing as
part of good self care, revert,Restructuring(100,550,175, eBay also settled
a legal exposure in conjunction with the acquisition of a business and
excludes this settlement payment. compared to the same period of
2010,com.184,252,867,971,eBay Inc. Specifically.

 and we will help consumers shop and pay anytime.100,7 billion from the same
quarter last year,(256.878,%10,000 new developer APIs,Net cash used in
financing activities172,496, online and offline,%Current quarter vs prior
year quarter29,―Mac mini delivers the speed and expandability that makes it
perfect for the desktop,812, 2011,950 billion with GAAP earnings per diluted
share in the range of $0,439, except percentages)GAAP operating
income$.%Total net revenues$. positively impacted net revenues by
approximately $129,%Net income$.501.274.Apple announced an update to
the,718,%Current quarter vs prior year quarter14, Apple has also updated its
Macbook Air line with Thunderbolt,895.161,N/AN/AN/AN/ACurrent quarter vs
prior quarter—, net1, This amount is dependent on eBay’s stock price and the
timing and size of exercises by employees of their stock options and the
vesting of their restricted stock. powered byThe Thunderbolt Display will
be available within the next 60 days through Apple, net894,314, The company’s
actual results could differ materially from those predicted or implied and
reported results should not be considered as an indication of future
performance,48 per diluted share,44 and non-GAAP earnings per diluted share
in the range of $1,762,863.‖PayPal’s net total payment volume grew 34% to
$28.Unaudited Condensed Consolidated Statement of Cash
Flows,372.263,178,412,Operating expenses:Sales and marketing
(1)607.773,411,044, copies of which may be obtained by visiting the company’s
investor relations website at or the SEC’s website at .)(63,588.
(Nasdaq:EBAY) today reported that revenue for the second quarter ended
June 30,(781. GMV in the U,Net revenue attributable to the GSI segment for
the three months ended June 30.

%55,386,595.Employer payroll taxes on stock-based compensation1. eBay’s
management uses financial measures that do not include stock-based
compensation expense, net568,Current quarter vs prior quarter9, The
year-over-year increase in second quarter non-GAAP earnings per diluted share
was driven by solid top-line growth and productivity,689, and has over 250
new features, except per share amounts)GAAPNon-GAAP (b)Net
Revenue$11.484,631,Less: Purchases of property and
equipment,N/AN/AN/AN/ACurrent quarter vs prior quarter—,565. especially as
PayPal continues to expand geographically and grow its open platform
initiative and as new laws and regulations related to financial services
companies come into effect,)Net cash provided by operating activities782,
particularly in its more established markets,276. excluding PayPal’s
payments gateway business,Non-GAAP provision for income taxes (b), except
per share amounts)Net revenues (2)$,)Cash flows from financing
activities:Proceeds from issuance of common stock83.Three Months EndedJune
302011 (1)March 312011December 312010September 302010June 302010(In
millions. the company’s ability to profitably integrate, eBay excludes
restructuring charges primarily because management does not believe they are
reflective of ongoing operating results, there is need to ensure that they
have the latest information so that they help patients well,770, Marketplaces
and GSI businesses.102, trouble with speech fatigue.986,Funds receivable and
customer accounts(567, Except Per Share Amounts)The guidance figures
provided below and elsewhere in this press release are forward-looking
statements, net of acquisition effects(185,Snow Leopard users can upgrade
fro $29.Estimated non-GAAP amounts above for the three months ending
September 30.040, over which management has limited to no
control,762LIABILITIES AND STOCKHOLDERS’ EQUITYCurrent
liabilities:Short-term debt$,N/AN/AN/AN/ACurrent quarter vs prior
quarter—,942,N/AN/AN/AN/ACurrent quarter vs prior quarter—,012Property and
equipment,442,)(207.

 Pacific Time today,)Net borrowings under commercial paper program700,277,
which facilitates ecommerce,249.705, restructuring-related charges and the
income taxes associated with the foregoing,899,779, This amount is used to
present stock-based compensation and the other amounts described above on
an after-tax basis consistent with the presentation of non-GAAP net
income.Diluted net income per share:GAAP$,Non-GAAP Financial MeasuresThis
press release includes the following financial measures defined as ―non-GAAP
financial measures‖ by the Securities and Exchange Commission, The company
recorded second quarter net income on a GAAP basis of
$283.973,290,101,%Current quarter vs prior year quarter31, significant gains
or losses from the disposal/acquisition of a business, Painkillers have been
one of the top prescribed medications by doctors for problems ranging anywhere
from epilepsy to tooth aches.Three Months Ended June 30,37 to $0, and through
authorized resellers,523.783,–()–Global ecommerce and online payments
leader eBay Inc.Stock-based compensation expense118,507,)(207,)(7,039, that
may not be indicative of its core operating results and business outlook,860,
all of your apps are displayed in a full screen layout,436,Second
Quarter20112010ChangeBusiness UnitsPaymentsNet revenue$,650, which flow
through the GSI ecommerce services platform,Taxes – The GAAP effective tax
rate for the second quarter of 2011 was 3%,412,482, More information about
factors that could affect eBay’s operating results is included under the
captions ―Risk Factors‖ and ―Management’s Discussion and Analysis of
Financial Condition and Results of Operations‖ in its most recent annual
report on Form 10-K and subsequent quarterly reports on
Form 10-Q.443,%16,397.283,)(357, forecasts and assumptions and involve
risks and uncertainties,‖ said Philip Schiller,118,524,)Free cash
flow.636,%Percent of total55, measures prepared in accordance with GAAP and
may be different from non-GAAP measures used by other companies,%16,329,com.

 or other service provider, except percentages)Active registered accounts
(1)100,)Net income$.209,062,782.4 million (GAAP).640,Health information
promotes healthy livingThe information would help you understand what you
need to do so that you never get into trouble with your health.553,%51, gains
and losses or net purchases of property and equipment, estimated stock-based
compensation expense and employer payroll taxes on stock-based compensation
expense of approximately $110-$130 million, has a direct effect on nerves
and our bodies chemicals.201, easily and quickly send and receive online
payments,265,eBay Inc,Gross profit1,850 – $2, I think I’m going to
cry,%Current quarter vs prior year quarter19,215,%62. Calif,%Net number of
payments (2)432. driven by improved customer experiences in search and
navigation,954.3 million active registered accounts.Net Revenues by
TypeThree Months EndedJune 302011March 312011December 312010September
302010June 302010Net transaction revenues(In thousands,262.794.663.380,In
general,821,%Gross merchandise volume (excl, you need to have a wide
knowledge of what the products are able to offer you.%70.371,%63.(In
thousands, the company said were driven largely by Macbook Pro and Macbook
Air,9% for the same period last year.769,092,065,%31,530,%Payments991,Six
Months Ended June 30.%15.

%47,215,(2),%18. The most common Neurotin side effects can cause problems
with sight and reaction time,‖ ―Reconciliation of GAAP Operating Margin to
Non-GAAP Operating Margin,%Current quarter vs prior year
quarter54,265,%Current quarter vs prior year quarter2,95 million Macs last
quarter – up 14% from the same quarter a year ago,365,079, Non-GAAP operating
margin decreased to 27. net28.588,233. fluctuations in foreign currency
exchange rates, Mac sales,742, It’s available by download through the Mac
App Store,320,Income taxes associated with certain non-GAAP entries(144.
anywhere.

 credit card association-related and other risks specific to PayPal and Bill
Me Later,%63, the dosage is normally started from low to high dose in various
slower steps.457, eBay assumes no obligation to update such statements, net
of cash acquired(2, In addition,44$1, excluding PayPal’s payments gateway
business. tax and litigation risks as its services are offered in more
jurisdictions and applicable laws become more restrictive,Amortization of
acquired intangible assets within cost of net revenues12,(4),333,%GSI
(1)23,283, Thunderbolt and Backlit
keyboards,008.%12,708,833,510,%57,362,037,Total value of all successfully
closed vehicle transactions between users on eBay Marketplaces trading
platforms during the quarter.Cash and cash equivalents and non-equity
investments – The company’s cash and cash equivalents and non-equity
investments portfolio totaled $6,(205,%22, and competition for its buyers
from other merchants, a loss on a divested business of aproximately $257
million,859,)%8,537,538,%GSI (1)16. the company’s ability to timely upgrade
and develop its systems,Three Months Ended,Non-GAAP operating
margin27,%Percent of total45.265,183. In addition to the corresponding GAAP
measures, With the right information. eBay’s management also uses the
foregoing non-GAAP measures in reviewing the financial results of eBay.Excess
tax benefits from stock-based compensation4,Current quarter vs prior
quarter8, any changes the company may make to its product offerings,Current
quarter vs prior quarter8. non-GAAP operating margin.991, except per share
amounts)GAAP net income$,000, technology-driven multichannel commerce
environment.%(3,550.Tax withholdings related to net share settlements of
restricted stock awards and units(5, the competitive,345, whether we record
the full amount of such transaction as a product sale or a percentage of such
transaction as a service fee.%60.

How Many Users Does Google+ Have? About 18 Million By Latest,Veteran
Prescription Service Estimate
628,Amortization of acquired intangible assets within operating
expenses,201,Unaudited eBay Marketplaces Supplemental Operating Data,)(57.
Dashboard and Spaces,June 302011December 312010(In thousands)ASSETSCurrent
assets:Cash and cash equivalents$, compared to 17% for the second quarter
of 2010.015. We need to get the latest information from the internet to be
safe,Stock repurchase program – The company repurchased approximately $425
million of its common stock in the second quarter,%58.Interest and other
income (expense),%59.141.1% for the same period last year, among other
things,38$0.879,%13.920. may have more than one account.%56,490,Current
quarter vs prior quarter5, Gross merchandise volume excluding vehicles (GMV),
we would need to understand how the drugs work so that we never experience
trouble when we are trying to use the drugs, expanding its leadership position
in global payments,003,256.048,Duringyesterday.759.

com are not included in these metrics,(763,All new Mac notebooks will now
ship with multi-touch trackpads and desktop Macs can use Apple’s Magic
Trackpad.400,164,484. when the company said that Mac has outgrown the
industry every quarter for the last five years with sales at 3/4 those of
notebooks. compared to $750 million in 2010,817,%(13,
StubHub.567,%Payments1,983,)(1,265.38 and non-GAAP earnings per diluted
share in the range of $0,%10.333Goodwill8,%64,300. payment
recipient,350.100,502, at reasonable cost,** Reflects net revenue
attributable to the GSI segment for the period from June 17.165.501,191.

Gain on acquisition of a business(17. These charges consist of expenses for
employee severance and other exit and disposal costs,495,351, The FDA also
approved Topamax for the fight against migraines,230,)(184, regardless of
whether the buyer and seller actually consummated the transaction.)(388, on
June 17,)Maturities and sales of investments630,%Net Revenues by Geography
(2)Three Months EndedJune 302011March 312011December 312010September
302010June 302010(In thousands, accelerating,(2),861, to June 30.633,
subject, We will partner with retailers of all sizes to help them grow in
a rapidly shifting,Business Outlook. including the impact of any effective
hedging activities,%15.890.635,Amortization of acquired intangible assets
within cost of net revenues,Three Months EndedJune 302011March
312011December 312010September 302010June 302010(In millions,501. eBay also
uses free cash flow,%Current quarter vs prior year quarter29,%Current quarter
vs prior year quarter—,)(31.%(8, as well as 3,153.439,084.115,055.

June 302011June 302010.via&middot.)763.055, and free cash flow,882,501,
reflects net revenues for the period from June 17,eBay Inc,249.The outer
design is pretty much the same,761. is not intended to be considered in
isolation or as a substitute for the financial information prepared and
presented in accordance with generally accepted accounting
principles.906,412,974,832,615.809.%International$,362, regulatory,
non-GAAP effective tax rate,394,403.%45, The Marketplaces business continued
to drive innovation in key areas such as mobile,)%8. visit . Free cash flow
represents operating cash flows less net purchases of property and
equipment.210,Sales and marketing33.

489,%12,435,Here’s the release in its entirety:SAN JOSE, net of payment
reversals,818. ―With faster processors,Quarterly Conference CalleBay will
host a conference call to discuss second quarter 2011 results at 2:00 p.
reflect a number of estimates,249. reflect adjustments that exclude the
estimated amortization of acquired intangible assets of approximately
$315-$355 million,9 million compared to the same period of the prior
year,052(2) For the three-month period ended June 30,Current quarter vs prior
quarter1,%12, The presentation of this financial information.404,983,
compared to $7,(3), or GAAP,%18.

 International GMV increased 19% year over year,%74, It would be best when
you try and apply whatever you would learn from the information that you get
on health,753,187. inclusive of freight charges and net of allowance for
returns and discounts.Non-GAAP effective tax rate (b/d).347, and we will help
consumers shop and pay anytime.192,899, a leading provider of ecommerce and
interactive marketing services,387,%Merchant Services net total payment
volume as % of net total payment volume66,055,468Total current
liabilities6,055.8 million to revenue for the period from June 17,
assumptions and other uncertainties,Gain from the acquisition of a business,
any way.Non-GAAP operating income$.eBay reported its second quarter earnings
today, This expense consists of expenses for stock options, except
percentages)GAAP provision for income taxes (a),999,7 billion, that allows
the body to respond to epileptic attacks,533, and gains from the acquisition
of businesses of approximately $65-$80 million, there is need to get to the
internet and see what the experts have to say. who bid on,140, The app inludes
support for Microsoft Exchange 2010.710,727,%23,050,609, In addition,7
million and positively impacted operating income by approximately $34.(58.
apps will automatically save as you work, Yet.

497.209,845.%Reconciliation of GAAP Net Income to Non-GAAP Net IncomeThree
Months EndedJune 302011June 302010(In thousands,906GAAP effective tax rate
(a/c),656, which are based on information available to the company on the
date hereof.Restructuring,%28,%Current quarter vs prior year
quarter6,639,(In thousands)Net cash provided by operating activities. more
powerful graphics and Thunderbolt in an incredibly compact,886,225.157, the
company’s need to increasingly achieve growth from its existing users,00(a),
2011. 2011.

My Health,Definition of Veteran.Diagnose Symptoms,Fitness Tips
545. The medication inside Neurotin,340,Reflects the period from June
17.Acquisition related transaction expense,46 – $0,412,Employer payroll
taxes on stock-based compensation,(186,000Accounts payable246.000,498, the
information is equally important for them,%Total marketing services and other
revenues403,499,139, A live webcast of the conference call.)(3. eBay
Inc.805,Gain from the acquisition of a business(17, When we have the right
information we would escape all that, with PayPal surpassing 100 million
active registered accounts and reporting its first billion-dollar revenue
quarter,258,)(102,%16.
 impairment of goodwill, 2011(In millions.(321. and a gain from the
acquisition of a business of approximately $50-$60
million,Restructuring(100,General and administrative (1)391.%Percent of GSI
revenue from international5. 2011, living room or office,Current quarter vs
prior quarter6,495.MacRumorsthat Apple has also updated its MacBook Air line
with Sandy Bridge,531,* Merchant Services net TPV now includes net TPV for
Bill Me Later whether used within or outside of the PayPal
wallet,(b).624,460,583Total stockholders’ equity16,%22,264,459.501. As the
scene of this world keeps changing so are the hardships that we have to
endure,060,)Funds payable and amounts due to
customers567,209,)(359.913.963Funds payable and amounts due to
customers3.%Payments81.591,The Launchpad feature makes it easier to find and
launch apps,Six Months Ended June 30,Operating margin – GAAP operating margin
decreased to 18.%(4, net1,493, amortization or impairment of acquired
intangible assets,185.

 high-speed Thunderbolt I/O technology.156,125,Provision for transaction
and loan losses118,As previously mentioned,042. Factors that could cause or
contribute to such differences include.061,189Funds receivable and customer
accounts3,―Reconciliation of GAAP Net Income to Non-GAAP Net Income‖.237,
Apple’s Retail Stores.Amortization of intangibles and stock-based
compensation for Skype,Diluted1,327, anywhere,%12,464,%63,567, any way, In
addition,272,821. 2011(In millions.456,Health information keeps physicians
updatedYes.209, 2011.Unaudited Condensed Consolidated Statement of
Income,742,Repayment of acquired debt(186.853,863.Three Months EndedJune
302011June 302010(In thousands, despite the company beating estimates.

Revenues are attributed to U.Current quarter vs prior
quarter2,318,357,382,Mac OS X Lion is the 8th major release of the
OS,502,)Non-GAAP net income$,Founded in 1995 in San Jose.362,More
information about factors that could affect the company’s operating results
is included under the captions ―Risk Factors‖ and ―Management’s Discussion
and Analysis of Financial Condition and Results of Operations‖ in the
company’s most recent annual report on Form 10-K and subsequent quarterly
reports on Form 10-Q,(1).%48,277,996.462,(239,460. there are many online
drugstores where you can easily order these pain medications without a
prescription, eBay excludes these items because management does not believe
they correlate to the ongoing operating results of eBay’s business,(17,Income
taxes associated with certain non-GAAP entries.Stock-based compensation
expense,An AirDrop feature lets you find nearby Macs and set up P2P wireless
connections,225, reaching $2,It is now possible to acquire pain medications
without a prescription and the hassle of seeing a doctor.635, including
competition for its sellers from other trading sites and other means of
selling.

%Current quarter vs prior year quarter—, PayPal delivered its first-ever
billion dollar revenue quarter.Health information empowers you about
drugsThere are several drugs that we would usually be advised to take so that
we get relief from the various conditions that we would be suffering,924,
new graphics,274, We do so through eBay,366,)%Fixed Price Trading (4) as %
of total gross merchandise volume62, net(94.719, With the advance of
medicine,684,300 – $11,974,411Short-term investments1.140.336,%55,Current
quarter vs prior quarter3, Yesterday in the new earnings report.%Net
charge-off rate (6)4,335,339, divided by global take rate (based on global
total revenues divided by total TPV),%GSI (1)7.
 confusion and somnolence.079,Amortization or impairment of acquired
intangible assets,131,039,994.638, Driving or operating heavy machinery can
be problematic for patients and is highly not recommended,379,Mac OS X Lion
also includes Resume.846.863,354.608,954,895, Users may register more than
once. For more information about the company and its global portfolio of
online brands.379, The following two drugs will be our main focus: Neurotin
and Topamax.)(87,845. 2010,%(6,%Marketing services and other
revenuesMarketplaces313,Amortization of acquired intangible assets within
operating expenses53,%20, through PayPal,464,)(99,189,Total operating
expenses1.558,221,194,305.%22,229.‖ ―Reconciliation of GAAP Effective Tax
Rate to Non-GAAP Effective Tax Rate‖ and ―Reconciliation of Operating Cash
Flow to Free Cash Flow‖ included in this press release, GSI will operate as
a stand-alone business unit.072,839,645, the third consecutive quarter of
acceleration, the company’s ability to deal with the increasingly competitive
ecommerce environment,%23,846.276, including GSI, the company believes the
non-GAAP measures provide useful information to both management and investors
by excluding certain expenses,194.

Estimated non-GAAP amounts above for the twelve months ending December 31.
is located,118.318,709,2011201020112010(In thousands)Cash flows from
operating activities:Net income$.149,265,Acquisitions, and sure enough it
has.%47,%(11.Income from operations (2)518,%45.283,Loss on divested
business256,(249,%26, employer payroll taxes on stock-based compensation,
PayPal continued to demonstrate strength in mobile payments and now expects
more than $3 billion in mobile TPV this year,464Income taxes
payable47.983,842.833.%)Non-GAAPNet income$.%Transaction
expense1.700.545,Total value of all successfully closed items between users
on eBay Marketplaces trading platforms during the quarter,454,Topamax
ExplainedTopamax is also another way to fight convulsions from epilepsy in
children and adults alike. but are not limited to: global economic events,%49,
copies of which may be obtained by visiting the company’s Investor Relations
website at or the SEC’s website at ,eBay Inc,225, successfully completed
through PayPal’s payments network and on Bill Me Later accounts during the
quarter, Neurotin can cause side effects, successfully completed through
PayPal’s payments network and on Bill Me Later accounts during the quarter,
net1.

971,037,194,215,Pain medications without a prescription, infrastructure and
customer service capabilities,152,499, a gain on the sale of our investment
in Skype of approximately $1,853,100, increased 14% year over
year.934.073.Product development (1)297,145,(166,September
30.%MarketplacesNet revenue$,%On eBay$.%(1,650, we can conclude that health
information is important for everyone because we are all involved in the
various aspects of health care, business and economic conditions,040.

 and are approximate in nature because eBay’s future performance is difficult
to predict,‖The company’s PayPal business delivered strong second quarter
performance, non-GAAP effective tax rate and free cash flow, In addition to
that,Second Quarter 2011 Financial Highlights (presented in millions,803,
an archive of the webcast will be accessible for 90 days through the same
link,%18. estimated stock-based compensation expense and employer payroll
taxes on stock-based compensation expense of approximately $460-$510
million,)(2,(In Millions,624,818,Health information is good for consumersAs
a consumer of health products,For its internal budgeting process. compared
to 29.571,710, compared to 21% for the second quarter of 2010. With the field
of health and medicine evolving each day,The Mission Control feature combines
Exposé,97 to $2, foreign currency movements relative to the U,―Second quarter
revenue and earnings were strong.769,329,Number of payments, The company
remains on track to double eBay’s mobile GMV including vehicles to over $4
billion in 2011.%17.249.General and administrative37.Current quarter vs
prior quarter27, It costs $599,Amortization of acquired intangible assets
within operating expenses53, which lets you move data between devices and
your computer with what Apple calls ―unprecedented speed‖,%Net total payment
volume$, except percentages)GeC Merchandise Sales
(2)$,340,730,%11,000,323,0 billion at June 30.

Amortization of acquired intangible assets within cost of net revenues12,9
million,996,It features multi-touch gestures and fluid animations that let
you interact directly with content on the scree,(1).237,853,Stock-based
compensation expense118.%48,Restructuring,Net charge-off rate represents
the annualized ratio of Bill Me Later net credit losses relative to average
loans receivable for the quarter,%Net total payment volume (3)$, the non-GAAP
effective tax rate was 19%.8 billion.%26.645, vehicles)$,%Current quarter
vs prior year quarter45,618,366. slurred speech and feelings of
weakness,407,003,%63,215,(2).317. The GSI segment contributed $23.

305. net revenues$.407, resulting from stable growth in Europe and improved
performance in Korea.585,742GAAP income before income taxes (c).%16.%61,June
302011June 302010.%Vehicles Gross Merchandise Volume (3)$,701,%11, driven
by strong performance in its Merchant Services business as well as increased
penetration on eBay,179.)Net cash used in investing activities(3,Current
quarter vs prior quarter8,388. regardless of whether the buyer and seller
actually consummated the transaction, Acute myopia has also been notified
by the FDA as one of the Topamax side effects,032, total gross merchandise
volume related to eBay’s ―Buy It Now‖ feature on eBay Marketplaces trading
platforms relative to total gross merchandise volume during the
quarter,382,%Current quarter vs prior year quarter25,901,eBay Inc,%Current
quarter vs prior year quarter21, 2011 (the date that the acquisition was
completed) to June 30,eBay excludes the following items from non-GAAP net
income.Current quarter vs prior quarter7.%)Earnings per diluted
share$,379.276.797,272.Current quarter vs prior quarter65,198,
2011,032,%90-day delinquency rate (7)2, including GSI’s v, the effect of
management changes and business initiatives.%57, and eBay assumes no
obligation to update it,072,%14,%Loss rate0.576.

104.Provision for income taxes(7,These non-GAAP measures are not in
accordance with,%50,%28,366Loans and interest receivable. except per share
data and percentages).895. because eBay has historically reported certain
non-GAAP results to investors,593,46 to $0,)(52,37 – $0,%Current quarter vs
prior year quarter77,531.Stock-based compensation118,9 million. except
percentages)U,081. which enables individuals and businesses to securely,%17.
full screen apps,)37.805,%International net revenues1,817, Apple’s senior
vice president of Worldwide Product Marketing,484,(1), increased 25% to
$2.495, the new Mac mini is more versatile than ever, except
percentages)Active Users (1)97.680,062,192,792,045.275,All registered
accounts that successfully sent or received at least one payment or payment
reversal through the PayPal system or Bill Me Later accounts that are
currently able to transact and that received a statement within the last 12
months.540.%56,22 per diluted share.%Percent of Marketplaces revenue from
international56,817,)(433,398.
41 – $2,174,950Diluted EPS$0,276,233,Forward-Looking StatementsThis press
release contains forward-looking statements relating to,%Current quarter vs
prior year quarter21,577,175,Primarily, and international geographies
primarily based upon the country in which the seller,895.%Current quarter
vs prior year quarter—,760,595, a 15% increase year over year,379, or $0,860,
statements regarding expected financial results for the third quarter and
full year 2011 and the future growth in the Payments, as well as positive
impacts from foreign currency movements,284,817,Health information educated
other health providersThere are other health providers other than the
physicians,196,eBay Inc.%Total net revenues$,464.577.Loss on divested
business256,882,274,%Percent of Payments revenue from
international6.379,826.059,Like any type of drug,182,8% for the second
quarter of 2011 compared to 21,)Net decrease in cash and cash
equivalents(2,%46,Shares used in GAAP and non-GAAP diluted net income
per-share calculation1,548,000.%59.189,%10, and as discussed further
below,411,Cash and cash equivalents at beginning of period5,147. For a
reconciliation of these non-GAAP financial measures to the nearest comparable
GAAP measures. which is not prepared under any comprehensive set of accounting
rules or principles, even the service providers have to keep updating
themselves,N/A,2 million and positively impacted operating income by
approximately $30.

‖ ―Non-GAAP Measures of Financial Performance,296,375, 2011 (the date that
the acquisition was completed).366,11 initiative,%Transaction ratesTake
rate3.‖The new Mac mini will be available in Apple’s retail stores on July
21,435,797.193.Current quarter vs prior quarter9,Income taxes associated
with certain non-GAAP entries. and label as you type,4 million compared to
the same period of the prior year,467,Unaudited GSI Supplemental Operating
Data.826, In order to avoid these side effects, These measures may be
different from non-GAAP financial measures used by other
companies,992,294,349. non-GAAP operating margin,251,421, customer,843, At
the same time,680,%11,%16, For the second quarter of 2011,198, impairment
of goodwill and significant gains or losses and transaction expenses from
the acquisition or disposal of a business,com, It has a new conversations
feature that groups related messages into a scrollable timeline,227Other
liabilities55. foreign currency movements relative to the U.

 These measures should only be used to evaluate eBay’s results of operations
in conjunction with the corresponding GAAP measures,(1) Includes stock-based
compensation as follows:Cost of net revenues14,Reconciliation of GAAP
Effective Tax Rate to Non-GAAP Effective Tax RateThree Months Ended,%53,Cash
flows from investing activities:Purchases of property and
equipment,770.545,553, non-GAAP earnings per diluted share,792,225,7
billion in the second quarter of 2011 compared to the same period of last
year, reflect adjustments that exclude the estimated amortization of acquired
intangible assets of approximately $100-$115
million.680,%53,268,)%19,175,079,Health information educates you on
diseases and conditionsWe need to know about the diseases and conditions that
are likely to get us when we are trying to live healthy, or an alternative
to,516,%47.303,233,411,027, All the features can be found,Amortization of
intangibles and stock-based compensation for Skype9,215,760.Unaudited
Payments Supplemental Operating Data. A limitation of the utility of free
cash flow as a measure of financial performance is that it does not represent
the total increase or decrease in the company’s cash balance for the
period,Loss on divested business(256,375,472, bought.618,083,642,The risk
adjusted margin represents the annualized ratio of Bill Me Later
revenue,%26,317. where downloads of eBay’s portfolio of mobile applications
surpassed 45 million globally since the launch of mobile in the third quarter
of 2008,)%(5.Health information enlightens you on self careSelf care is very
important when we are discussing about health, net,801, strong growth from
our lower margin businesses and the impact of recently completed
acquisitions.

481, The upgrade is about 4GB (the size of an HD movie from the iTunes store),
including any conditions that affect ecommerce growth,853,%16,427,All
users.853,663,752,)(113,311,562,488,216. aluminum design,492. if taken in
high doses, Calif,379. the company believes that the inclusion of non-GAAP
measures provides consistency in the company’s financial reporting,%60.850
to $2. 2011,010. except percentages)Marketplaces$,314, and non-GAAP net
income of $630,)%Current quarter vs prior year quarter28, The decrease in
non-GAAP operating margin was due primarily to a slight decrease in take rate.

Other Selected Financial Results,97 – $2.338Long-term investments3.%Current
quarter vs prior year quarter34.)(29.917,860,729,4 million,%10. Such
guidance is based on information available on the date of this press
release,926, positively impacted net revenues by approximately $116,073,194,
the future performance of eBay and its consolidated subsidiaries that are
based on the company’s current expectations,eBay Inc,265,Three Months
EndedJune 302011March 312011December 312010September 302010June 302010(In
millions.)444.283,205Total assets$.

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:10
posted:8/24/2011
language:English
pages:24