|
|
 | | | |
- close
- close
- close
- close
These excerpts taken from the EBAY 10-K filed Feb 17, 2010. Communications Our Communications segment was comprised of Skype. Skype is a global Internet communications company that offers a way for people in almost every country around the world to stay in touch over the Internet through free voice and video calls, sending instant messages, SMS (text messaging) or files, and by making low-cost calls to landline and mobile numbers. Skype primarily generated revenue through fees charged to users to connect Skype’s Internet communications products to traditional fixed-line and mobile telephones (which we refer to as SkypeOut minutes). On November 19, 2009, we completed the sale of Skype to an entity (“Buyer”) owned and organized by an investor group. We received approximately $1.9 billion in cash, a subordinated note issued by a subsidiary of the Buyer in the principal amount of $125.0 million and an equity stake of approximately 30% of the outstanding capital stock of the Buyer. Skype was consolidated with our results of operations through November 19, 2009 (the date that the sale of Skype was competed), and after that date, is no longer consolidated with our results of operations. Our noncontrolling ownership interest in the Buyer is accounted for as an equity investment. For additional details related to the sale of Skype, please see “Note 4 – Sale of Skype” to the consolidated financial statements included in this report. Communications Communications cost of net revenues increased $6.7 million, or 2%, in 2009 compared to 2008. The increase in cost of net revenues was due to an increase in SkypeOut minutes. Cost of net revenues decreased as a percentage of Communications net revenues due primarily to higher volume and changes in product mix. Communications cost of net revenues increased $59.5 million, or 26%, in 2008 compared to 2007. The increase in cost of net revenues was due to an increase in SkypeOut minutes. Cost of net revenues decreased as a percentage of Communications net revenues due primarily to higher volume and changes in product mix. This excerpt taken from the EBAY 8-K filed Jan 20, 2010. Communications On November 19, 2009, eBay Inc. completed the sale of the majority of Skype to an investor group. The company received cash proceeds of approximately $1.9 billion and a note in the principal amount of $125.0 million and retained an approximately 30 percent equity interest in Skype. On a GAAP basis, the sale resulted in a net gain of $1.4 billion recorded in interest and other income, net on our condensed consolidated statement of income. Skype contributed $112.0 million in revenue during the fourth quarter of 2009. We account for our approximately 30 percent continuing investment in Skype under the equity method of accounting. This excerpt taken from the EBAY 8-K filed Oct 21, 2009. Communications Skype contributed $185.2 million in revenue for the quarter, representing 29% year-over-year growth. Skype added 40.3 million registered users during the quarter and ended the period with more than 520.8 million registered users. In addition to growing its user base, Skype is focused on product strategies to enhance customer engagement. In September, eBay announced the sale of 65% of Skype to a group of private equity investors that is expected to close in the fourth quarter. This excerpt taken from the EBAY 8-K filed Jul 22, 2009. Communications Skype contributed $170.0 million in revenue for the quarter, representing 25% year-over-year growth. Skype added 37.3 million registered users during the quarter and ended the period with more than 480.5 million registered users. In addition to growing its user base, Skype is focused on product strategies to enhance customer engagement. This excerpt taken from the EBAY 8-K filed Apr 22, 2009. Communications Skype contributed $153.2 million in revenue for the quarter, representing 21% year-over-year growth. Skype added 37.9 million new users during the quarter and ended the period with more than 443.2 million registered users. In addition to growing its user base, Skype is focused on product strategies to enhance customer engagement. On April 14, 2009, eBay Inc. announced plans to separate Skype into an independent company commencing with an initial public offering during the first half of 2010. These excerpts taken from the EBAY 10-K filed Feb 20, 2009. Communications
Our Communications segment is comprised of Skype. Skype is a
leading global Internet communications company and is
headquartered in Luxembourg, with offices in Europe, the
U.S. and Asia.
Skype
Value Proposition
Skype offers a simple and convenient way for people in almost
every country around the world to stay in touch over the
Internet through free voice and video calls, sending instant
messages, SMS (text messaging) or files, and by making low-cost
calls to landline and mobile numbers.
Skype
Overview
Skype is focused on becoming the world’s leading
communications software platform. Skype is software that
millions of people use everyday to make free voice and video
calls from one Skype user to another. Skype generates revenue
through its premium offerings, such as calls made to and from
landline and mobile phones, voicemail, call forwarding, and SMS.
Skype users can also purchase a variety of flat rate
subscriptions for regional and international calling to
landlines in many different countries.
Skype’s online communications platform is built on the
following:
Skype
Growth Strategy
To expand upon Skype’s position as a leading global
Internet communications company, we will continue to focus on
acquiring new active users, reducing the churn among our
existing users, and converting our users to Skype’s premium
offerings. In addition, we expect that online communications
will go beyond the desktop PC and will be available across many
different devices and platforms. In this regard, we are focused
on leveraging our core desktop product, increasing relevance
among mobile users, diversifying among business users and
increasing our scalability through improvements to Skype’s
platform.
Our strategy for driving growth in the core desktop product is
built around continuously improving the quality and ease-of-use
of our products, particularly with regard to voice and video
communications. For the mobile market, Skype is focused on
increasing consumers’ ability to bring their Skype
functionality with them through the development of downloadable
or pre-installed applications. We are also focused on expanding
Skype usage among businesses through the introduction of new
products, solutions, and partnerships designed to help
businesses save time and money and gain a competitive edge.
Skype also intends to work to become more scalable and
ubiquitous by making its communications platform capable of
working with other services, devices, and Web environments.
Table of Contents
Communications Our Communications segment is comprised of Skype. Skype is a leading global Internet communications company and is headquartered in Luxembourg, with offices in Europe, the U.S. and Asia. Skype Value Proposition Skype offers a simple and convenient way for people in almost every country around the world to stay in touch over the Internet through free voice and video calls, sending instant messages, SMS (text messaging) or files, and by making low-cost calls to landline and mobile numbers. Skype Overview Skype is focused on becoming the world’s leading communications software platform. Skype is software that millions of people use everyday to make free voice and video calls from one Skype user to another. Skype generates revenue through its premium offerings, such as calls made to and from landline and mobile phones, voicemail, call forwarding, and SMS. Skype users can also purchase a variety of flat rate subscriptions for regional and international calling to landlines in many different countries. Skype’s online communications platform is built on the following:
Skype Growth Strategy To expand upon Skype’s position as a leading global Internet communications company, we will continue to focus on acquiring new active users, reducing the churn among our existing users, and converting our users to Skype’s premium offerings. In addition, we expect that online communications will go beyond the desktop PC and will be available across many different devices and platforms. In this regard, we are focused on leveraging our core desktop product, increasing relevance among mobile users, diversifying among business users and increasing our scalability through improvements to Skype’s platform. Our strategy for driving growth in the core desktop product is built around continuously improving the quality and ease-of-use of our products, particularly with regard to voice and video communications. For the mobile market, Skype is focused on increasing consumers’ ability to bring their Skype functionality with them through the development of downloadable or pre-installed applications. We are also focused on expanding Skype usage among businesses through the introduction of new products, solutions, and partnerships designed to help businesses save time and money and gain a competitive edge. Skype also intends to work to become more scalable and ubiquitous by making its communications platform capable of working with other services, devices, and Web environments.
Table of ContentsCommunications
Skype’s VoIP communication and other services are delivered
through a peer-to-peer network architecture, in which users
joining the network provide a significant portion of the
technology resources (for example, computer bandwidth and
hardware) that enable Skype’s products. To access
Skype’s products, users download Skype software over the
Internet. Skype utilizes a combination of proprietary
technologies and products as well as technologies and products
provided by third parties to design, develop and support its
products. For more information regarding Skype’s technology
risks, see the information in “Item 1A: Risk
Factors” under the caption “Skype depends on key
technology that is licensed from third parties.”
Communications Skype’s VoIP communication and other services are delivered through a peer-to-peer network architecture, in which users joining the network provide a significant portion of the technology resources (for example, computer bandwidth and hardware) that enable Skype’s products. To access Skype’s products, users download Skype software over the Internet. Skype utilizes a combination of proprietary technologies and products as well as technologies and products provided by third parties to design, develop and support its products. For more information regarding Skype’s technology risks, see the information in “Item 1A: Risk Factors” under the caption “Skype depends on key technology that is licensed from third parties.” These excerpts taken from the EBAY 10-K filed Feb 29, 2008. Communications
Skype’s VoIP communication and other services are delivered
through a peer-to-peer network architecture, in which users
joining the network provide a significant portion of the
technology resources (for example, computer bandwidth and
hardware) that enable Skype’s services. To access
Skype’s services, users download Skype software over the
Internet. Skype utilizes a combination of proprietary
technologies and services as well as technologies and services
provided by others to design, develop and support its products.
For more information regarding Skype’s technology risks,
see the information in “Item 1A: Risk Factors”
under the caption “Skype depends on key technology that is
licensed from third parties.”
Communications Skype’s VoIP communication and other services are delivered through a peer-to-peer network architecture, in which users joining the network provide a significant portion of the technology resources (for example, computer bandwidth and hardware) that enable Skype’s services. To access Skype’s services, users download Skype software over the Internet. Skype utilizes a combination of proprietary technologies and services as well as technologies and services provided by others to design, develop and support its products. For more information regarding Skype’s technology risks, see the information in “Item 1A: Risk Factors” under the caption “Skype depends on key technology that is licensed from third parties.” This excerpt taken from the EBAY 10-K filed Feb 28, 2007. Communications
Skype’s VoIP communications and other services are
delivered through a
peer-to-peer
network architecture whereby users joining the network provide
much of the technology resources that enable the Skype services.
To access Skype’s services, users download Skype software
over the Internet. Skype utilizes a combination of proprietary
technologies and services as well as technologies and services
provided by others to design, develop and support its software
products. For more information regarding Skype’s technology
risks, see the information in “Item 1A: Risk
Factors” under the caption “Skype depends on key
technology that is licensed from third parties.”
| EXCERPTS ON THIS PAGE:
|
| |||||||
