Earlier quoted context omitted.
Yes. Isn't a basketball game a competition?
When two teams easily win unless they play each other, is it a competitive league?
Facebook Profit Jumps 71% Year-over-Year
61–70 of 294 posts
Re: Facebook Profit Jumps 71% Year-over-Year
#62Earlier quoted context omitted.
Important to remember that advertising revenue _always_ peaks in Q4, and that was an election year too, so even if they're down YoY this Q4 I wouldn't worry too much about it.
Given Facebook's global reach, every year is going to be election year. I appreciate nobody spends on elections quite like the USA, but there's still a lot of money to go around in other countries.
The scale is nowhere close. Maybe if you include black money, India might be a contender, but how much of that is spent online?
Re: Facebook Profit Jumps 71% Year-over-Year
#63Where are all the "analysts" from hn claiming fb wouldn't make it? Thats right. They left. Moral of the story is.... Never believe the consensus that is hacker news. Dare i say inverse Edit: why the downvotes? Is it because my networth is 23 mil?
Re: Facebook Profit Jumps 71% Year-over-Year
#64Earlier quoted context omitted.
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.
Didn't the article state that advertisers are indeed paying higher rates?
Re: Facebook Profit Jumps 71% Year-over-Year
#65Interesting thing is that GOOG's results which were released several days ago weren't so stellar. It's good to see real competition in advertisement market.
Not surprised. My wife started a local franchise that provides a service and I've been doing the Internet marketing. I ran local ads on Google...lots of clicks and cost lots of money...but no one came in saying they were referred by Google. Other owners I've talked to told me to use Facebook, it's more effective.
Re: Facebook Profit Jumps 71% Year-over-Year
#66Earlier 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.
Re: Facebook Profit Jumps 71% Year-over-Year
#67Earlier 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.
Re: Facebook Profit Jumps 71% Year-over-Year
#68Some 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 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. How many companies in total have more than $35.5B cash/equivalents? Including Apple, for example.
Microsoft ($126b), Apple ($256b), Facebook ($35b), Berkshire Hathaway (near $100b), Cisco ($68b), Google ($92b), Oracle ($66b), Softbank (a lot), Amgen ($38b), Ford ($40b), Samsung ($73b), Johnson & Johnson ($39b), GE ($82b)
There are a lot of financial entities and the like that have more cash than that of course. It's held under a different financial context than the cash that eg Apple is sitting on. JP Morgan for example has $650b, Citi has $422b, Bank of America has $643b, etc.
Re: Facebook Profit Jumps 71% Year-over-Year
#69> 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
#70Some 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-...