eBay CEO says volume on iPhone app could triple this year

invisibleSHIELD case for iPad“eBay Inc. Chief Executive John Donahoe said its application for Apple Inc’s (AAPL) iPhone has been downloaded 10 million times, and the company expects $1.5 billion to $2 billion in transactions to be conducted using the mobile application this year,” Alexei Oreskovic reports for Reuters.

“Donahoe said its iPhone app was responsible for $600 million in volume last year,” Oreskovic reports. “‘The digital wallet is going to be a way that will facilitate e-commerce growth,’ Donahoe said at the All Things Digital conference on Wednesday. He predicted that within two to three years most people would pay for items using their mobile phones instead of carrying a wallet in their pockets.”

Oreskovic reports, “Donahoe said that consumer adoption of the company’s new app for Apple’s iPad was also seeing a ‘tremendous pick up’ by users, though he did not provide details.”

Full article here.

MacDailyNews Take: Eerie-time:

This device, able to be made today with current technology, would easily be “The Device.” Running Mac OS X or a mobile variant, it would allow the user to communicate via text, audio, and video. It would snap digital photos and organize them, do email, and browse the web. It would sync automatically with your desktop or portable Mac…. It would absorb the iPod by playing AAC / MP3 audio and interface with iTunes, but it would also play feature-length MPEG-4 movies, too, in full color… McDonald’s Drive Thru’s would accept payments via Bluetooth from “The Device.” And, of course, it would have the basics like any PDA; your date book, to do list, calculator, etc. I figure a form factor about the size or a Newton or a bit smaller would do the trick. This would be “The Device.” iDevice?? And only Apple, in concert with a partner like Verizon, Cingular, or Sprint, has everything in place to make “The Device” a reality today. I wonder if they are close, yet, or still far away from fruition? I really hope they are building it. Everything seems to point to it or am I just wishing too hard? I’ll tell you one thing, if Apple can produce it, they’ll really change everything this time, and they’ll never be able to make enough. Nearly everyone would have an Apple device in their pocket…SteveJack, MacDailyNews, December 10, 2002


  1. At this point, does anyone know what the bottle neck to Apple’s supplying every request that they will get for the iPhone, iPod touch and iPad? How many A4 chips can they get this year? The multi-touch glass?

    We would be way past the 2 million iPads if Apple could keep them in stock. If 20% of the students in the USA replaced each of those $50 school books with one iPad per student, could Apple fill that order? It is coming!

    If 20% of the clipboards at the end of the hospital beds were replaced with iPads, could Apple fill that order? It’s coming (See Obama Care)!

    etc … Where is the bottle neck and how many can Apple get made (not can they sell)?!

  2. Jersey_Trader:

    think they can convert the billion dollar server farm into a manufacturing plant? ” width=”19″ height=”19″ alt=”tongue wink” style=”border:0;” />

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