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Facebook Profit Jumps 71% Year-over-Year

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

#191

Post by corysama »

ptr_void wrote: post #184
brandnewlow wrote: post #180

Earlier quoted context omitted.

Facebook lets over a million companies get their products in front of people who are inclined to purchase them. When those Facebook users do in fact click and make purchases it is often (not always) a profitable exchange for the companies advertising. Those companies take the revenue from the sales and use it to pay people to do other work for them. Wherever it is you work, they probably advertise on Facebook. Creati…

If not with Facebook and Alphabet, there would still be most of those companies selling their products, with other means or site. There's not much that Facebook adds other than number of people it has using their site during their off times. If people needed to buy things, they could have easily looked it up on other sites or real places. There are many companies that do much more important things, produces more usef…

If you are producing a useful good or service would you honestly prefer to market it pre-Facebook? The volume, price and ability to focus narrowly on only the people most likely to care... It's worth a lot to a lot of makers.

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

#192

Post by ptr_void »

corysama wrote: post #191
ptr_void wrote: post #184

Earlier quoted context omitted.

If not with Facebook and Alphabet, there would still be most of those companies selling their products, with other means or site. There's not much that Facebook adds other than number of people it has using their site during their off times. If people needed to buy things, they could have easily looked it up on other sites or real places. There are many companies that do much more important things, produces more usef…

If you are producing a useful good or service would you honestly prefer to market it pre-Facebook? The volume, price and ability to focus narrowly on only the people most likely to care... It's worth a lot to a lot of makers.

I don't doubt facebook's usefulness to many companies and online only businesses.

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

#193

Post by icantdrive55 »

debaserab2 wrote: post #190
ghthor wrote: post #174

Earlier quoted context omitted.

Yeah, I don't get it either. As far as I'm concerned Snap is one of the most interesting startups recently because they started with as a software company that managed to actually make a Good consumer hardware item that I wear everyday. I love my Spectacles, I wasn't even a snapchat user before they released, but they are a slick device.

Do you ever feel a little creepy wearing those? I've seen a few people with them on, and my immediate gut reaction every time is to get out of their eyesight. I'm sure I'm not the only one and it makes me wonder if most spectacles owners even think about it.

I'm definitely getting older. I have never liked my picture taken without my permission. I've begrudgingly put up with it, but inside despise people/companies/goverment taking my picture for any reason.

I just figured people under thirty despised all the picture taking? Am I wrong?

I get the sexting. I wish I had this tech around in my day, but you people are o.k. with some stranger snapping your pic?

It doesn't bother you when your employer makes you pose for a company picture? Or, bring surveilled when you walk into a retail establishment? Hell--I never even liked having to take that Costco pic? (By the way, you can use the pharmacy without being a member.)

My point is you people don't seem to mind random people, companies, and government taking your picture? (Yes--I said you people, but hate those generational tags. I mean under 35--I guess? I don't know what's considered young anymore.)

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

#194

Post by electic »

eganist wrote: post #158
jdhn wrote: post #149

Earlier quoted context omitted.

Another crazy millennial here. I don't have an Instagram either, and frankly I don't want one. 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.

My reasoning for loathing snap was their refusal to even allow a snap client for windows phone to exist.

Sounds like they made the right choice because the platform collapsed. It makes no sense spending design and dev time on a platform that simply isn't taking off.

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

#195

Post by majani »

BinaryIdiot wrote: post #128
atourgates wrote: post #113

Earlier quoted context omitted.

I work at an agency that does a decent amount of digital PPC advertising. A year ago, we'd almost entirely steer our customers away from Facebook to PPC-search advertising. Back then, the campaigns we ran on Facebook were almost entirely wasted money. But today, Facebook has really improved their ad platform. They offer pretty much unparalleled user targeting features, coupled with some clever tools like product ads…

> I work at an agency that does a decent amount of digital PPC advertising. A year ago, we'd almost entirely steer our customers away from Facebook to PPC-search advertising. Back then, the campaigns we ran on Facebook were almost entirely wasted money. A year ago? You sure you don't mean like 3-4 years ago? 1-2 years ago Facebook advertising was also really awesome with a high ROI. Almost all the people I work with…

The way I see it, they're going to settle into their niches eventually, where Facebook is the best brand advertising platform and Google is the best direct response advertising platform. In that case, FB would take significant bites of Adsense and YouTube's lunch, but Search would remain unharmed.

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

#197

Post by dzonga »

SomeStupidPoint wrote: post #130
chollida1 wrote: post #5

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.

So you pay for basic Facebook benefits without being tracked ?

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

#198

Post by JohnnyConatus »

eganist wrote: post #158
jdhn wrote: post #149

Earlier quoted context omitted.

Another crazy millennial here. I don't have an Instagram either, and frankly I don't want one. 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.

My reasoning for loathing snap was their refusal to even allow a snap client for windows phone to exist.

No more entries, we have a winner for the most obscure reason to dislike a social service.

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

#199

Post by drewmol »

jamesmcintyre wrote: post #124
StevePerkins wrote: post #77

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 believe Facebook is very perfected form of Dopamine delivery and it's leveraging the attention deficit behavior of entire generations. Could it fizzle out the way you anticipate? We have seen it before but if you look at Zuckerberg's ambitious vision for Facebook and the new verticals he plans to enter/trail-blaze then there's reason to assume the goal is not to ride on Facebook's success but to continue aiming at…

>"mostly older people and Walmart shoppers

I know your quoting a parent post, but I sometimes wonder if sometime in the distant future people will say thing like: "mostly older people and Amazon shoppers"

Or "mostly older people and Facebook users" etc.

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

#200

Post by 2_listerine_pls »

StevePerkins wrote: post #77

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…

> Maybe I live in a bubble

Maybe?

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