Facebook Q1 2018 Earnings Slides [pdf]

Post by epanchin » Thu, Apr 26, 2018, 9:22 AM UTC

throwaway13456 wrote: post #178

roddux wrote: 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.

It doesn't work that way. I learned it the hard way. I run a successful s/w company that was recently under targeted attacks by one of these hashtag campaigns. The gist was we wrote something about why we refused to hire women simply to improve the % of females in tech and why we want to hire the best people for the job irrespective of their gender. The goal of the post was to help people correctly contribute to gend…

Post by nl » Thu, Apr 26, 2018, 10:01 AM UTC

Judgmentality wrote: post #158

quotemstr wrote: post #122

Earlier quoted context omitted.

Internet outrage is _never_ as widespread or important as it looks. The best way to predict the effect of any social media campaign against a person or organization is to evaluate the steadfastness of the campaign's target. If you are the target of an internet mob and you blink, you're not only going to enact mob-demanded changes that are detrimental to your interests, but also broadcast weakness and attract further…

I thought the #deleteuber campaign was somewhat successful? My understanding is a series of unfortunate events, largely kicked off by that campaign, ultimately led to Kalanick's downfall. http://www.businessinsider.com/travis-kalanick-uber-takedown...

Post by nl » Thu, Apr 26, 2018, 10:30 AM UTC

kgwgk wrote: post #54

adventured wrote: post #48

Earlier quoted context omitted.

They're tracking to around a likely ~$23 billion in net income for 2018. That's a 20 PE three quarters out. That's for 50% sales growth, 63% net income growth. That's a bargain in this market. Microsoft has hardly net grown its income in a decade and it's sporting a 30 PE; nearly all of their valuation increase the last five years is multiple inflation. Coca Cola has a 30 PE ratio and nearly zero growth for a decade.…

> That's a bargain in this market. When this market changes, some of these companies might suffer more than the others. What is going to happen to advertising budgets (practically their only source of revenue) in the next recession? Facebook also faces higher regulatory and reputational risk (in the US and elsewhere) that most of those companies. But of course compared to Netflix it looks incredibly undervalued! Edit…

Post by Chickenosaurus » Thu, Apr 26, 2018, 10:59 AM UTC

Matthias247 wrote: post #173

adventured wrote: post #171

Earlier quoted context omitted.

Which worker bees are paying 35-50%? You just about have to make a million dollars per year in the US - and be in California or NYC - to pay 50%. One million dollars in income gets you to about 47% in LA, SF, or NYC. A quarter of a million dollar income will get you up to 35% - and those are the most expensive tax locations in the country. $50,000 (the US median full-time income) gets you a combined effective rate, b…

> Which worker bees are paying 35-50%? Lots of people in Europe. Which for sure is also a big market for FB. In Germany you are already have deductions of nearly 50% if your income is around 50000€.

Post by lotsofpulp » Thu, Apr 26, 2018, 11:23 AM UTC

JimmyAustin wrote: post #165

lotsofpulp wrote: post #84

Earlier quoted context omitted.

Why does Facebook spend money on employees then?

Presumably Facebook employees would work else where if they weren't paid.