eBay Q3 2012 earnings show solid year-over-year gains

eBay posted its financial results for quarter 3 2012 today, and it looks the company had a good quarter across the board. Total revenue for the quarter came in at $3.4 billion, which is a 15% increase year-over-year. Despite that significant climb, Forbes points out that revenue was slightly below the $3.41 billion analysts were expecting, but still, missing the mark by $10 million when revenue was in the billions isn’t too bad.


Adjusted net income landed at $718 million, equaling out to 55 cents per share – actually slightly better than the 54 cents per share analysts projected. That’s also a 14% increase year-over-year, which is something for eBay to smile about. Non-adjusted net income was at $597 million or 45 cents per share, which indicates a 22% increase over the same period last year.

PayPal isn’t looking too bad coming out of quarter 3 either, posting a 14% gain year-over-year gain in its number of active accounts, which was at 117.4 million as of September 30. eBay managed to pull in a cool $1.367 billion in revenue from PayPal in its third quarter, so we’re going to go ahead and assume that the company is happy with that 23% revenue jump year-over-year. Looking forward, the company has some pretty big expectations for both quarter 4 and the year overall.

Specifically speaking, eBay expects to take in a bit more in quarter 4, projecting net revenues between $3.85 billion and $4 billion, which would put adjusted earnings per share at 66 cents to 69 cents. eBay is expecting increased revenues for quarter 4 because of the holiday shopping season, so hitting that mark certainly isn’t out of the question. For all of 2012, eBay is expecting to pull in $13.95 billion to $14.1 billion and an adjusted earnings per share of $2.32 – $2.35. That definitely isn’t bad, and you can bet we’ll be watching to see if the company can meet its own expectations.


eBay Q3 2012 earnings show solid year-over-year gains is written by Eric Abent & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.


Obama, Romney Campaigns Target Evangelical Voters Through Data Mining

Loveland, Colo., resident Melissa Riley got an unexpected flyer in the mail Friday with her name on it. Printed in red, white and blue text against a backdrop of the White House, it broke down the positions of President Barack Obama and Republican presidential nominee Mitt Romney, saying Obama supported “abortion on demand” and “mandated contraceptive coverage by religious charities.” The flyer encouraged her to get similar pamphlets for her church in order to motivate the congregation to vote.

“It threw me for a loop because I am a registered Democrat,” Riley, 54, said. But in tough economic times, Riley said, she also had thought about who would be better for job creation. She had only moved to Colorado a few months ago, and had never signed up for any political or religious lists with her new address.

Riley said she can’t be sure, but suspects she was targeted by a pro-Romney organization through a relatively new tactic being used by Democrats and Republicans to get out the vote. It’s one that has zeroed in on evangelicals and other religious voters, looking at, for example, how involved they are in a church or how often they visit and search for faith-related information online.

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Terrorist Caught Trying to Blow Up the New York’s Federal Reserve Bank [Terrorism]

This guy is Quazi Mohammad Rezwanul Ahsan Nafis, a 21-year-old Bangladeshi student who traveled to the United States with the intention of carrying out a major terrorist attack. He wanted to blow up this building, 33 Liberty Street, the home of the Federal Reserve Bank located in the heart of the New York City’s Financial District. More »

Lennon And Maisy Stella Talk ‘Nashville,’ Connie Britton, Sisterly Bonding, Fashion And More

If you aren’t yet smitten with Lennon and Maisy Stella — the real-life sisters who play Connie Britton’s daughters on ABC’s “Nashville” (Wednesdays at 10 p.m. ET) — you’re about to be.

The 13-year-old and 8-year-old Canadians who now live in Nashville with their musical parents (Brad and Marylynne a.k.a. The Stellas) shot to fame this summer when they posted their rendition of Robyn’s “Call Your Girlfriend” on YouTube.

They went on to appear on “Good Morning America,” Michael Kors invited them to his show at New York Fashion Week (leading them to take on Corey Hart’s “Sunglasses At Night”) and legendary musicians continue to tweet their love for the Stella sisters.

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Make Your Mornings Suck Less With This Sleek Capsule Coffee Maker [Coffee]

Not content with simply being masters of the clock, the Swiss have apparently decided to take over another crucial aspect of our day: caffeine. The Delizio Uno, a minimalist capsule coffee maker, boasts clean lines and vibrant colors enough to brighten any morning. More »

This is the Modem World: It’s my movie

Each week Joshua Fruhlinger contributes This is the Modem World, a column dedicated to exploring the culture of consumer technology.

DNP This is the Modem World It's My Movie

“No worries, we can watch this movie on my iPad on the plane,” I announced with confidence.

“Oh really? Cool. Let’s do that!” she replied, proud of her little nerdy man.

Yup. I was cool. I was going to rip a DVD that we just bought to watch on my iPad on a long flight to Korea. How amazed would she be when that movie so easily pops up on the Retina display as we ease into complimentary wine and processed air for a good 13 hours!

And then I tried to actually complete the task of getting a movie from a DVD to an iPad.

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This is the Modem World: It’s my movie originally appeared on Engadget on Wed, 17 Oct 2012 19:00:00 EDT. Please see our terms for use of feeds.

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RIM CEO Thorsten Heins sticks up for BlackBerry in letter to NY Times

A couple of days ago, The New York Times published a piece called “The BlackBerry as Black Sheep,” which contained interviews with BlackBerry owners who are ashamed of their phone. In a nutsell, the general idea of the article is that, as the rest of the world moves onto Android and iOS, those who are left using BlackBerry open themselves up to mockery and ridicule because of their preference for a perceived “outdated” handset. RIM CEO Thorsten Heins has taken issue with that little report, taking the Times to task in a letter that was sent to the newspaper and published today.


In his letter to the editor, Heins says that the Black Sheep article “lacks balance,” touting the fact that BlackBerry has more than 80 million users around the world and stating that his carrier partners tell him there are plenty of people who take pride in being a BlackBerry owner. “While any report of dissatisfaction among our users is a cause for concern that I take very seriously, the comments supporting BlackBerry both online and in calls we’ve received from our customers in response to your article are encouraging to me,” Heins wrote.

Heins continued by reiterating that RIM is on track to deliver BlackBerry 10 in quarter 1 of 2013, and said that the company has received great feedback from developers and carriers on the incoming OS. That isn’t the first time we’ve heard that, but at this point in time, there’s still a lot left to discover about BlackBerry 10. “We appreciate the customers who have remained loyal to the BlackBerry platform and look forward to winning back many who have left,” Heins said at the end of the letter.

RIM is indeed pinning a lot of hope on BlackBerry 10. The company has been struggling quite a bit in recent years, losing a lot of market share with the rise of Android and iOS. RIM made an impressive showing at the BlackBerry Jam last month, showing off some cool new features in the OS. However, it remains to be seen if BlackBerry 10 can bring RIM back from the brink. What do you think of Heins’ response?


RIM CEO Thorsten Heins sticks up for BlackBerry in letter to NY Times is written by Eric Abent & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.


Apparently, the US Air Force Owns the Battlestar Galactica [Airplanes]

I’m watching Battlestar Galactica again, for the third time (it always starts with “let’s just watch the first episode”). Their deck doesn’t look very different from this hangar at the Andersen Air Base, Guam. More »

Forrester survey finds first ever decline in people ‘using the internet,’ but a changing notion of ‘being online’

Forrester survey finds changing notion of 'being online,' less of the old more of the new

A survey measuring people’s internet use used to be a fairly simple thing. If you dialed up and logged onto CompuServe or AOL, you were “online” until you disconnected. Even in more recent years, you were “online” for as long as you were looking at a web browser or a chat window. But things have gotten more complicated as we’ve grown more mobile and connected than ever, and that’s now resulted in the first ever decline of people “using the internet” in Forrester’s annual survey since it began asking the question in 1997. As AllThingsD reports, this year’s survey found that people spent an average of 19.6 hours per week using the internet, compared to 21.9 hours in 2011. According to Forrester’s Gina Sverdlov, however, that’s not due to a shift back towards TV or other activities, but to a changing notion of what “being online” means to individuals. As she puts it, “given the various types of connected devices that US consumers own, many people are connected and logged on (automatically) at all times,” and that “the internet has become such a normal part of their lives that consumers don’t register that they are using the internet when they’re on Facebook, for example.” The full report isn’t available to the public, but you can find a few more details from it at the links below.

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Forrester survey finds first ever decline in people ‘using the internet,’ but a changing notion of ‘being online’ originally appeared on Engadget on Wed, 17 Oct 2012 18:22:00 EDT. Please see our terms for use of feeds.

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The Bike Basket That Will Change Your Life [Daily Desired]

What’s the best way to make your bike more useful? Easy. Add a basket. You’ll never look back. Wald, a Kentucky-based bike company has been making this $20 basket since 1929, and slapping it on your cycle will be groundbreaking for your mobility More »