Exhibit 12.01

eBay, Inc.
Computation of Ratio of Earnings to Fixed Charges
(in thousands, except ratio data)

	Year Ended December 31,
	2004		2005		2006		2007			2008
Income Before Income Taxes, Minority Interest and Income/Loss of Equity Investees	$	1,127,705	$	1,546,390	$	1,541,600	$	757,388	(3)	$	2,193,530
Add: Fixed Charges		14,535		10,589		16,562		31,437			34,232
Earnings(1)	$	1,142,240	$	1,556,979	$	1,558,162	$	788,825		$	2,227,762
Fixed Charges(2)	$	14,535	$	10,589	$	16,562	$	31,437		$	34,232
Ratio of Earnings to Fixed Charges		78.6		147.0		94.1		25.1			65.1

(1)	Earnings consist of Income Before Income Taxes, Minority Interest and Income/Loss of Equity 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.