Facebook Earnings Show Plenty Of Growth To Come
by Sankrant Sanu
After Facebook's (FB) price retreat following its error-ridden and mega-hyped IPO many investors unfriended the social network. Facebook's recent quarterly earnings were a good reminder of the big picture that had led to the initial investor enthusiasm. Facebook has 1 billion monthly active users. It is worth repeating this. 1 billion active users. The entire population of the world is about 7 billion. This includes people living in parts of the world that don't even have electricity, let alone the internet. But Facebook users are 14% of the entire world population. If you take out children under 14 and those over 60 from the total world population, that leaves about 4.3 billion. Over one-fifth of humanity in this age group is a Facebook user and this number is increasing with the increase of internet and mobile presentation increase and greater Facebook penetration. read more »
Why are you receiving this? You subscribed to real-time article alerts at Seeking Alpha.
If this email was forwarded to you and you wish to subscribe to this email, click here.
Manage your emails:
Get alerts on additional tickers and manage all your email alert choices here
I'm getting too many emails: manage your email alert choices
I'm no longer following FB: unsubscribe from all FB email alerts
This type of alert isn't helpful to me: unsubscribe from article alerts on FB
To ensure you receive these emails in the future, please add account@seekingalpha.com to your address book, contacts or list of safe senders.
Sent by Seeking Alpha, 345 7th Ave. Suite 1400 New York, NY 10001
No comments:
Post a Comment