"Please provide some backup information to support the accuracy of this statement. "
This surprised me. These numbers work out to a gross profit margin in the mid-eighty percentile for EBAY.
Three Months Ended
-----------------------------------------------------------------------------
Mar. 31, June 30, Sep. 30, Dec. 31, Mar. 31, June 30, Sep. 30, Dec. 31,
1997 1997 1997 1997 1998 1998 1998 1998
-------- -------- -------- -------- -------- -------- -------- --------
(in thousands, except percentages; unaudited)
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Net revenues............ $ 604 $ 1,054 $ 1,459 $ 2,627 $ 5,981 $ 8,941 $ 12,935 $ 19,495
Cost of net revenues.... 33 127 253 333 630 1,106 2,103 3,020
------ ------- ------- ------- -------- -------- -------- --------
Gross profit........... 571 927 1,206 2,294 5,351 7,835 10,832 16,475
And this for the last three years ...
Year Ended December 31,
-------------------------
1996 1997 1998
------- ------- -------
<S> <C> <C> <C>
Net revenues......................................... 100.0% 100.0% 100.0%
Cost of net revenues................................. 3.8 13.0 14.5
------- ------- -------
Gross profit....................................... 96.2 87.0 85.5
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