eBay (EBAY) 10-Q 2008 Q3 Quarterly report

Exhibit 12.01

eBay, Inc.

Computation of Ratio of Earnings to Fixed Charges

																Nine Months Ended
	Year Ended December 31,															September 30,
	2003			2004			2005			2006			2007			2008
	(In thousands, except ratio data)
Income Before Income Taxes, Minority Interest and Income/Loss of Equity Investees	$	661,500		$	1,127,705		$	1,546,390		$	1,541,600		$	757,388	(3)	$	1,711,815
Add: Fixed Charges		9,182			14,535			10,589			16,562			31,437			22,237
Earnings(1)	$	670,682		$	1,142,240		$	1,556,979		$	1,558,162		$	788,825		$	1,734,052
Fixed Charges(2)	$	9,182		$	14,535		$	10,589		$	16,562		$	31,437		$	22,237
Ratio of Earnings to Fixed Charges		73.0	x		78.6	x		147.0	x		94.1	x		25.1	x		78.0	x

(1)	Earnings consist of Income before income taxes, minority interest and equity in gains and losses of equity-method investees plus Fixed Charges.
(2)	Fixed Charges consist of interest expense and our estimate of an appropriate portion of rentals representative of the interest factor. The estimate of interest within rental expense is estimated to be one-third of rental expense.
(3)	For the year ended December 31, 2007, Income Before Income Taxes, Minority Interest and Income/Loss of Equity Investees includes an impairment loss of $1.4 billion related to our Communications reporting unit.