eBay (EBAY) 10-Q 2011 Q3 Quarterly report

Exhibit 12.01

eBay Inc.

Computation of Ratio of Earnings to Fixed Charges

(In thousands, except ratio data)

	Nine Months Ended September 30,
	2011			2010
Income Before Income Taxes, Noncontrolling Interest and Income/Loss of Equity Method Investees	$	1,490,028		$	1,513,159
Add: Fixed Charges (2)	58,210			26,786
Earnings (1)	$	1,548,238		$	1,539,945
Fixed Charges (2)	$	58,210		$	26,786
Ratio of Earnings to Fixed Charges	26.6		x	57.5		x

(1) Earnings consist of income before income taxes, noncontrolling interest and equity in income or 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.