eBay writes off some Skype. What does it mean for investors?
Oct 2, 2007 at 12:00AM
On Monday, eBay (NASDAQ:EBAY) announced a $1.43 billion charge against profits and thus confirmed what many had long suspected -- eBay overpaid for Skype. So what does the write-off mean for investors? What is eBay's Skype strategy? And how does Skype stack up against similar initiatives from Apple (NASDAQ:AAPL), Google (NASDAQ:GOOG), and Microsoft (NASDAQ:MSFT)? In this installment of "Fool Video," Motley Fool Online Managing Editor LouAnn DiCosmo talks telephony with Fool senior analyst Seth Jayson.