eBay Made $400 Million This Year From Its Free iPhone App

According to eBay CEO John Donahoe, shoppers have already spent about $400 million on the popular commerce site using the company’s free iPhone application.

The number pales in comparison with eBay’s total sales figure ($59.7 billion last year), but it’s fairly significant considering the fact that the iPhone has a relatively small market share – about 15% of the smartphone segment – and mobile payment transactions are still new to many. Who would have predicted around half a billion dollar in sales a year would be recorded through the eBay iPhone app when it debuted on the App Store last year?

According to this report by the Financial Times, some wealthy people have used the mobile app to buy a Lamborghini, a Bentley and a $150,000 boat. And if Mobile Marketer heard Donahoe right when he talked numbers at a summit in Las Vegas, the Lamborghini went for $350,000. Talk about being at ease with making purchases from mobile devices.

Most likely, these are the high-profile exceptions to the rule and most people use the app to buy books, clothing and electronics much like regular eBay shoppers do. In total, approximately 4.6 million iPhone owners have downloaded and installed the app to date.

[via Tech Crunch]

Get a Free iPhone 3GS! Yes, that is correct! Why pay for one when CNN, BBC, NBC, and other news sites have proven this system LEGIT. Get it the simple way .... straight to your doorstep! Interested? Then find out how to get a Free iPhone 3GS!

eBay Made $400 Million This Year From Its Free iPhone App

According to eBay CEO John Donahoe, shoppers have already spent about $400 million on the popular commerce site using the company’s free iPhone application.

The number pales in comparison with eBay’s total sales figure ($59.7 billion last year), but it’s fairly significant considering the fact that the iPhone has a relatively small market share – about 15% of the smartphone segment – and mobile payment transactions are still new to many. Who would have predicted around half a billion dollar in sales a year would be recorded through the eBay iPhone app when it debuted on the App Store last year?

According to this report by the Financial Times, some wealthy people have used the mobile app to buy a Lamborghini, a Bentley and a $150,000 boat. And if Mobile Marketer heard Donahoe right when he talked numbers at a summit in Las Vegas, the Lamborghini went for $350,000. Talk about being at ease with making purchases from mobile devices.

Most likely, these are the high-profile exceptions to the rule and most people use the app to buy books, clothing and electronics much like regular eBay shoppers do. In total, approximately 4.6 million iPhone owners have downloaded and installed the app to date.

[via Tech Crunch]

Get a Free iPhone 3GS! Yes, that is correct! Why pay for one when CNN, BBC, NBC, and other news sites have proven this system LEGIT. Get it the simple way .... straight to your doorstep! Interested? Then find out how to get a Free iPhone 3GS!

Free iPhone App Improves Paypal And EBay Security

We've posted before about security keys—those little digital keyfobs that generate expiring security codes over and over and make it incredibly hard for someone to gain unauthorized access to your account. They're a great idea, and now if you own an iPhone you can install a Verisign app that will work with Paypal and eBay, as well as about two dozen lesser known sites. It's probably the easiest step you can take to vastly improve security on those accounts.

It can be a little confusing to connect the Verisign app on your iPhone to your Paypal account, so we've taken screen shots of the process. Here's what you have to do...

Continue reading @ Consumerist

Get a Free iPhone! Yes, that is correct! Stay away from the trouble of earning enough to pay for it for you can get it the simple way .... straight to your doorstep! Free! Interested? Then find out how to get a Free iPhone!

Free iPhone App Improves Paypal And EBay Security

We've posted before about security keys—those little digital keyfobs that generate expiring security codes over and over and make it incredibly hard for someone to gain unauthorized access to your account. They're a great idea, and now if you own an iPhone you can install a Verisign app that will work with Paypal and eBay, as well as about two dozen lesser known sites. It's probably the easiest step you can take to vastly improve security on those accounts.

It can be a little confusing to connect the Verisign app on your iPhone to your Paypal account, so we've taken screen shots of the process. Here's what you have to do...

Continue reading @ Consumerist

Get a Free iPhone! Yes, that is correct! Stay away from the trouble of earning enough to pay for it for you can get it the simple way .... straight to your doorstep! Free! Interested? Then find out how to get a Free iPhone!