Facebook Profit Jumps 71% Year-over-Year
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Re: Facebook Profit Jumps 71% Year-over-Year
#2Link to non-paywalled article: http://archive.is/h2465
Re: Facebook Profit Jumps 71% Year-over-Year
#3Is there an alternate article that isn't behind a paywall?
Re: Facebook Profit Jumps 71% Year-over-Year
#4> Facebook’s formidable ad business, along with Alphabet Inc.’s Google, soaked up 99% of the online ad industry’s growth last year, according to Pivotal Research.
Does that seem crazy to anyone else?
Re: Facebook Profit Jumps 71% Year-over-Year
#5Some fun Facebook facts from the earnings call/report
- Facebook has a massive, $35.5 billion hoard of cash, cash equivalents and marketable securities. It's the third biggest S&P 500 company by this metric that isn't paying a dividend, after Berkshire Hathaway and Alphabet.
- Facebook's headcount is now at 20,658. That's up 43 percent since last year
- Average Revenue Per User Rises 23% to $4.73, Down from 4Q 2016
- Facebook Offers No Break Out of Instagram Revenue
- 2Q Daily Active Users 1.32 Billion, Monthly Active Users 2.0 Billion
- Shares Up 1.6% After-Hours, Near Session Highs
- Zuckerberg: WhatsApp and Instagram Stories each have more than 250 million people using them daily. Each of those is a single SNAP whose entire daily user base is around 170 million.
Wow, this is a company that is killing it right now.
Facebook and Google combine to account for up to 99% of advertising growth.
As this relates to SNAP, I have to think that investors will spend atleast a year spending marketing budges with SNAP but after that, RIP Snap......
Also as a crazy aside, Meg Whitman just resigned from the HP Board and has been reported to be visiting Uber.....
Re: Facebook Profit Jumps 71% Year-over-Year
#6*since last year
The jump in EPS from the last earnings call a few months ago is just a few percent - nowhere near that. It's about 18% above expectations. This is good if you're a shareholder for sure, but the title is misleading.
Re: Facebook Profit Jumps 71% Year-over-Year
#7> Facebook’s formidable ad business, along with Alphabet Inc.’s Google, soaked up 99% of the online ad industry’s growth last year, according to Pivotal Research. Does that seem crazy to anyone else?
That is absolutely insane. Should we seriously be considering anti-trust regulators to crack down on their insane growth?
Re: Facebook Profit Jumps 71% Year-over-Year
#8> Facebook’s formidable ad business, along with Alphabet Inc.’s Google, soaked up 99% of the online ad industry’s growth last year, according to Pivotal Research. Does that seem crazy to anyone else?
Impressive. So ads money for everyone else :P. Pity those startups that hangs on ads revenue now.
Re: Facebook Profit Jumps 71% Year-over-Year
#9> Facebook’s formidable ad business, along with Alphabet Inc.’s Google, soaked up 99% of the online ad industry’s growth last year, according to Pivotal Research. Does that seem crazy to anyone else?
No what sites do you go to regularly. Most of them use google ads probably except for maybe reddit.
Re: Facebook Profit Jumps 71% Year-over-Year
#10[deleted]