eBay Booming Too
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Auction site eBay won’t have any trouble paying for its Skype acquisition if things keep going the way they did for the company in third quarter.

eBay has announce consolidated Q3-05 net revenues of US$1.106 billion, up 37% year over year. Operating income was up 40% year over year and net income of US$280.2 million. Less one-off items this translated to a net income of US$255 million for the three months ended Sept. 30.

At a price tag of US$2.6 billions for its Skype acquisition (not accounting for the additional US$1.5 or so in possible earn-outs) this translates to about three quarters of revenues for the company.

“We saw very strong growth across every part of our business in Q3,” said Meg Whitman, President and CEO of eBay. “It’s wonderful to see so much strength in our two largest marketplaces, the US and Germany. We’re excited about the great momentum eBay and PayPal have going into the holiday shopping season.”