eBay’s (EBAY) core business continues to fall apart. Some of the decline is likely the result of the declining economy. The rest of it is likely the result of the trends that have been clobbering eBay for the past two years: competition, overpricing, and the deterioration of eBay’s value proposition. eBay’s efforts to turn around this business do not appear to be working.
Also, TechCrunch has a chart showing how Amazon is gaining on eBay.