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Facebook Profit Jumps 71% Year-over-Year

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41–50 of 294 posts

Re: Facebook Profit Jumps 71% Year-over-Year

#41
post #29

Earlier quoted context omitted.

99% of the growth!! Thoughts on anti-trust? If you're capturing every single part of the growth of a huge previously diversified market, whats the arguments against?

It seems like it would be a disaster to break up Facebook. You can't really have more than one social network that everybody uses. Forcing everyone to split off into groups wouldn't work, to put it mildly.

but they can break out instagram/whatsapp

Re: Facebook Profit Jumps 71% Year-over-Year

#42
post #28

Earlier quoted context omitted.

Are there any leagues with just two basketball teams?

The Harlem Globetrotters towed around a stooge team for a long time.

Right, and I don't think anyone would describe the Globetrotters vs. the Generals as competitive.

Re: Facebook Profit Jumps 71% Year-over-Year

#43
post #7

Earlier quoted context omitted.

That is absolutely insane. Should we seriously be considering anti-trust regulators to crack down on their insane growth?

As far as I understand, In the US monopoly is fine unless it leads to increase of price paid by consumers. EU probably has different opinion.

I was under the impression that even this was okay, it was using a monopoly position in one market to take over another market that wasn't kosher.

Re: Facebook Profit Jumps 71% Year-over-Year

#44

Some 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 -…

Slightly interesting aside, 3.9B for 20,658 employees is ~$188K/employee profit, which is about a 20% drop from a few years ago[1]. I'm not an economist nor statistician.

1. https://www.buzzfeed.com/peterlauria/what-18-of-the-biggest-...

Re: Facebook Profit Jumps 71% Year-over-Year

#45
post #29

Some 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 -…

99% of the growth!! Thoughts on anti-trust? If you're capturing every single part of the growth of a huge previously diversified market, whats the arguments against?

It's FB and GOOG that account for 99% of growth, not just FB.

Re: Facebook Profit Jumps 71% Year-over-Year

#46
post #29

Earlier quoted context omitted.

99% of the growth!! Thoughts on anti-trust? If you're capturing every single part of the growth of a huge previously diversified market, whats the arguments against?

It seems like it would be a disaster to break up Facebook. You can't really have more than one social network that everybody uses. Forcing everyone to split off into groups wouldn't work, to put it mildly.

They could be the global distributor for individual companies operating different regions, like a franchise but without regional providers existing under one corporate umbrella. That could open the market to competing distributors and regional operators.

Unlikely and less efficient but that could be one way to handle it.

Re: Facebook Profit Jumps 71% Year-over-Year

#48
post #39

How would you define "killing it" to a non-native, English speaker?

Doing extra-ordinary well, or even just "doing great" or "doing very well".

Usually, "it" in "killing it" refers to some kind of game, so they're "killing the game", or doing a really good job beating the game.

Re: Facebook Profit Jumps 71% Year-over-Year

#49
post #29

Earlier quoted context omitted.

99% of the growth!! Thoughts on anti-trust? If you're capturing every single part of the growth of a huge previously diversified market, whats the arguments against?

It seems like it would be a disaster to break up Facebook. You can't really have more than one social network that everybody uses. Forcing everyone to split off into groups wouldn't work, to put it mildly.

That's a good point - how could one even break it up? It depends on the network effect to get revenue from the ad platform. Maybe all the acquisitions or something - it's all so intertwined. Instead of it being a cable company, its more like "TV" as a whole.

Re: Facebook Profit Jumps 71% Year-over-Year

#50
post #25

Earlier quoted context omitted.

I'm not trying to be snarky but is it really competition if it's just two players?

Yes. Isn't a basketball game a competition?

Basketball is winner-take-all and is itself part of a larger competition (a season which leads to a playoff), making it a poor analogy.

A better metaphor would be 2 people playing golf. They can both achieve personal bests during the same match.

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