it's all about Ebays GROWTH initiatve starting Q2 and for the next 3 years.
Q1 was okay, but ecommerce growth/mobile omnichannel GROWTH initiative.
Guidance: Rev growth of 14 to 17%; paypal is GROWING
focus on "delivering next generation" of services
Basically repeating analyst day initiative & GROWTH expectations.
eBay and "next generation services" ? I almost fell off the chair laughing. Here's a company that hasn't innovated in over a decade. Same company that has programming ridden with glitches and major software issues.
Well, Warren Buffett always says he won't invest in a company he hasn't done business with. Guess you have to try selling on eBay to see what a mess it is, not to mention the fees.
I can't reiterate enough, never, ever invest in a company based on projections, promises or numbers. Do your due diligence, see how the company handles business and you'll pick a winner every time.