eBay Inc. (NASDAQ:EBAY) has announced its earnings for the first quarter of 2012 today. The company revealed that it earned $0.44 per share in the period on revenues of $3.28 billion. Analysts had expected the company, which hosts the world’s most popular online market place, to announce earnings of $0.52 per share and revenues of $3.15 billion. In th same quarter of last year the company posted earnings of $0.36 per share while taking in revenues of $2.5 billion. Online commerce is still a growing market and it is important to see whether or not eBay, the old reliable, can grow…
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