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Facebook Q1 2018 Earnings Slides [pdf]

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Re: Facebook Q1 2018 Earnings Slides [pdf]

#132
post #14

My main takeaway from this is that #deleteFacebook has been a flash in the pan-- their active user count is still increasing across all regions. Also to note, FB only pay effectively 11% tax on some 12 billion dollars worth of revenue.

Better metric than active user count is how much time those users spend on FB (and how many Ads they get shown).

Many users don't delete their accounts, but keep using messenger only. Messenger still works even if you disable your account (but others will not be able to find you by search).

Re: Facebook Q1 2018 Earnings Slides [pdf]

#133
post #14

My main takeaway from this is that #deleteFacebook has been a flash in the pan-- their active user count is still increasing across all regions. Also to note, FB only pay effectively 11% tax on some 12 billion dollars worth of revenue.

Yeah, I may have to eat some crow from an argument the other day with another HN user. Surveys and #deleteFacebook and protests and so forth seemed to indicate that people did finally start getting interested in their own privacy. But no. Somehow, even with a declining youth demographic and widespread reports of less time spent on site and the CA fiasco, they still ended up with a growth of users in all markets. I've…

Facebook's PR struggles (and users realizing how hostile the site is at it's core) is relatively recent -- most of that stuff happened Q2 of this year, not Q1, it won't be reflected till after right?

Re: Facebook Q1 2018 Earnings Slides [pdf]

#134
post #14

My main takeaway from this is that #deleteFacebook has been a flash in the pan-- their active user count is still increasing across all regions. Also to note, FB only pay effectively 11% tax on some 12 billion dollars worth of revenue.

>Also to note, FB only pay effectively 11% tax on some 12 billion dollars worth of revenue.

Interesting this is the exact same number Google posted yesterday. I guess I should just incorporate myself for tax purposes. Sure must be nice.

Re: Facebook Q1 2018 Earnings Slides [pdf]

#136
post #78
post #36

The median salary package at FB is $240,430[1]. Now I understand how that is possible. 1. http://www.businessinsider.com/facebook-median-pay-240000-20... edit: salary package (salary, bonuses, and stock grants), not salary alone

It's a slightly misleading figure because it includes all the stock grants given in 2017. From the proxy statement: > we calculated as actual salary paid to our employees for 2017 [...], actual bonus or sales commission earned by our employees in 2017, and the value of equity awards granted to our employees in 2017 Specifically, if you joined in 2017 the value of your entire initial stock grant was used. This skews t…

Does that mean you have to pay income tax on it in 2017 even though its not fully realized until possibly 2021?

Re: Facebook Q1 2018 Earnings Slides [pdf]

#137
post #12

Slide #3 & #5 are super interesting. US/Canada is ~10% MAU but generates ~50% of the overall revenue. I wonder why US generates so much revenue compared to its small user base

Because a lot of things are very expensive in the US compared to other countries (eg. healthcare, school / college education, defense, public infrastructure etc). Basically, any time you see articles complaining about runaway costs about anything in the US, see where that money goes. While some of it goes to shareholders of those companies, a significant fraction also go towards higher salaries and benefits.

Re: Facebook Q1 2018 Earnings Slides [pdf]

#138
post #14

My main takeaway from this is that #deleteFacebook has been a flash in the pan-- their active user count is still increasing across all regions. Also to note, FB only pay effectively 11% tax on some 12 billion dollars worth of revenue.

Well, even though I did not delete FB, my usage has gone way down. I reckon I spend about 5 minutes/day on FB today, down from about 30 min/day a year ago.

Re: Facebook Q1 2018 Earnings Slides [pdf]

#139
post #135

Why is FB advertising revenue per user almost 3x higher in US&Canada vs Europe: $23.14 vs $8.01 Is it because of Europe being more restrictive on how much user data can be used for advertising?

The laws in the UK are already far more restrictive than our American cousins when it comes to advertising. “traffic data” and “location data" are already covered by the e-Privacy Directive 2002/58/EC.

Source: http://resources.infosecinstitute.com/differences-privacy-la...

Re: Facebook Q1 2018 Earnings Slides [pdf]

#140
post #136
post #78

Earlier quoted context omitted.

It's a slightly misleading figure because it includes all the stock grants given in 2017. From the proxy statement: > we calculated as actual salary paid to our employees for 2017 [...], actual bonus or sales commission earned by our employees in 2017, and the value of equity awards granted to our employees in 2017 Specifically, if you joined in 2017 the value of your entire initial stock grant was used. This skews t…

Does that mean you have to pay income tax on it in 2017 even though its not fully realized until possibly 2021?

You pay income tax on RSUs as they vest.
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