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Facebook Profit Jumps 71% Year-over-Year

wsj.com

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

#21

> 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?

I tried to self host my ads on my personal web site... there are no good open source ad servers. A breakthrough in this area could bring disruption.

Just from curiosity. OpenX is not around anymore?

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

#22
post #8

> 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?

Impressive. So ads money for everyone else :P. Pity those startups that hangs on ads revenue now.

Also pity the people paying for ads. The lack of competition means Facebook and Google/whatever can get away with some awful practices and quality control. With so few serious alternatives, falling the wrong side of an algorithmic glitch at one of these giants can literally cause a small business to fail, and that's not healthy at all for the economy as a whole.

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

#24

Interesting 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.

I'm not trying to be snarky but is it really competition if it's just two players?

It is competition, but whether it's enough competition to achieve the beneficial effects we usually associate with a competitive market is a different question entirely.

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

#25

Interesting 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.

I'm not trying to be snarky but is it really competition if it's just two players?

Yes. Isn't a basketball game a competition?

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

#26

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 -…

- 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.

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

#27
post #7

Earlier quoted context omitted.

That is absolutely insane. Should we seriously be considering anti-trust regulators to crack down on their insane growth?

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.

In this case then since the users are the product and rightfully as said product pay zero dollars to be the product, maybe fb is an advertising monopoly?

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

#29

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 -…

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?

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

#30
post #7

Earlier quoted context omitted.

That is absolutely insane. Should we seriously be considering anti-trust regulators to crack down on their insane growth?

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?
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