141–150 of 294 posts
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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-...
$3.9B is only their profit for the quarter . Over the last year, they've reported a little over $13.1B in profit (>$600k per headcount).
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 -…
HN just loves to hate SNAP, and I can't really fathom why. I can get being skeptical but every comment here seems like they /want/ to see the company fail.
Earlier quoted context omitted.
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-...
You're comparing quarterly numbers with annual numbers.
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In any real scenario, debt should obviously never be ignored, but we're counting cash in a vacuum here basically. Some of these companies are carrying vast amounts of debt now, Microsoft and Apple for example. They can't discharge all of that cash without suffering severe consequences due to their need to sustain a high credit rating. I added the ignoring debt tag, because who knows which of those cash / cash-like in…
> They can't discharge all of that cash without suffering severe consequences due to their need to sustain a high credit rating. What do you mean by this?
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 -…
Maybe I'm just a crazy millennial, but I absolutely loathe the idea of FB / Insta stories. Snapchat going under wouldn't convince me to move over -- I'd just stop using the service and move on to communicating some other way. And Stories aren't the only appeal of SNAP, though I suppose they are a large producer of revenue. HN just loves to hate SNAP, and I can't really fathom why. I can get being skeptical but every…
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 -…
Wait... So FB makes $1.60/mo per users through all that invasive marketing? ...Can I just give FB $5/mo to not keep their creepy profile on me? They get more money, I get not as creepily tracked.
The fact that you want/can pay $5/mo probably means FB earns a lot more than the avg on you.
Advertisers pay more to reach people with higher disposable incomes.
Maybe I live in a bubble, but I just assumed that Facebook would be on a decline trajectory by now. Their website is almost meaningless to my day-to-day life at this point. I login once every couple of weeks, upload some pics of my kids for Grandma to look at, and then log off. I don't personally know anyone who still uses it regularly as we did back in 2007. I don't know a tactful way to put this... but it seems lik…
I use it every day and so does virtually everyone I know.
I started college a few years late in life, and it launched when I was in school.
No major complaints about it.
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 -…
Maybe I'm just a crazy millennial, but I absolutely loathe the idea of FB / Insta stories. Snapchat going under wouldn't convince me to move over -- I'd just stop using the service and move on to communicating some other way. And Stories aren't the only appeal of SNAP, though I suppose they are a large producer of revenue. HN just loves to hate SNAP, and I can't really fathom why. I can get being skeptical but every…
As for why HN hates Snap, I'm not exactly sure. Is it because the average user on HN is older and isn't targeted by Snap? Maybe it's seen as a frivolous plaything? No matter what the reason, there's definitely a lot of hate for Snap on this site.
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This is the point where I'm smiling happily because I moved from being an FB user to being an FB stock owner. I feel like this pattern could be applied more often in real life... some company is being "evil"... don't just abandon them, buy stock in them!
Buying their stock is supporting them so if you feel they are evil do not buy their stock.