Fool Video: eBay's Skype Punt

By Mac Greer – Updated Apr 5, 2017 at 5:29PM

NASDAQ: EBAY

eBay

Market Cap

$23B

Today's Change

(2.33%) $0.98

Current Price

$43.04

Price as of March 20, 2023, 4:00 p.m. ET

eBay writes off some Skype. What does it mean for investors?

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.

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Seth and Lou own shares of Microsoft. Neither Lou nor Seth owns any of the other stocks discussed. Seth is a top-10 CAPS player. See his latest CAPS blog commentary here. View his stock holdings and Fool profile here. Microsoft is an Inside Value recommendation. Fool rules are here.