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Facebook Q1 2018 Earnings Slides [pdf]

investor.fb.com

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Re: Facebook Q1 2018 Earnings Slides [pdf]

#211

Post by matte_black »

alex30 wrote: post #184
closeparen wrote: post #168

Earlier quoted context omitted.

Only someone who specifically values privacy for its own sake is sensitive to how much data gets “collected” by the first parties they deliberately share it with. The rest of us care how it’s used , and ad targeting is mostly benign. The Facebook scandal is not about data or collection, but how the combination of data and attention can influence politics.

People are missing a very important thing in this earning statement. The earning statement is for Jan 1- Mar 31 ONLY. The Cambridge Analytica story was released around March 18. So around 10-12 days of #DeleteFacebook would NOT have any noticeable effect on their earnings. What would actually be noticeable would be Q2 Earnings (Apr 1- Jun 30)

With our current news cycles and the speed at which sentiments spread nowadays 10-12 days is more than enough time for us to see negative noticeable effects.

The fact is, if it hasn’t been observed by then it’s probably not happening at all.

Re: Facebook Q1 2018 Earnings Slides [pdf]

#212

Post by zjaffee »

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.

I don't think that information can be clearly determined yet, we need to wait until Q2 earnings as the big push of people deleting facebook happened after Q1 ended.

Re: Facebook Q1 2018 Earnings Slides [pdf]

#213

Post by dragonwriter »

whatabackend wrote: post #208
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…

Even making $100K+ in Cali puts you around 38% fed + state income tax.

> Even making $100K+ in Cali puts you around 38% fed + state income tax.

No, it doesn't.

It put you—in 2017, the number is lower in 2018—assuming no deductions—at a combined 37.3% marginal rate, but a substantially lower overall rate.

Re: Facebook Q1 2018 Earnings Slides [pdf]

#214

Post by dragonwriter »

adventured wrote: post #171
tomc1985 wrote: post #90

Earlier quoted context omitted.

Meanwhile the worker bees pay 35-50% in income tax and other withholdings between state and federal. That pisses me off so much

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%?

With the “and other witholdings” it's pretty easy to hit, as typical withholdings beyond income tax include state and federal payroll taxes, employee share of group health insurance and HSA withholdings, pre-tax parking withholdings, retirement contributions, etc.

Re: Facebook Q1 2018 Earnings Slides [pdf]

#215

Post by mk89 »

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 would be interesting to know the active amount of users per day. I connect to fb once a month, so even a person like me, not using it at all except to see if someone has sent a message or so, is in the stats.

However, I can't see how I increase their revenues with that one 60 seconds (or less) session per month. And I am quite sure there are lots of people doing the same.

Re: Facebook Q1 2018 Earnings Slides [pdf]

#216

Post by eksemplar »

koolba wrote: post #187
Morizero wrote: post #174

Earlier quoted context omitted.

At least with Uber there are real & mainstream alternatives.

Not using Facebook, or really any social media, has always been a viable alternative.

Depends on where you live. In Denmark every social event, both public and private gatherings is organized through Facebook.

You’re not forced to be on Facebook but if you’re not then you’re the one person people will always need to do extra work to invite. And that’s for friends, without Facebook you won’t even hear about public events until after they have happened.

Don’t get me wrong, we always invite the two guys without Facebook, but I know both of them feel a little shitty about having to be extra trouble.

Eventually people will leave, and someone have to take the first step, but that’s a really shitty step. The reason I say eventually, is because nobody uses Facebook for anything but events, I haven’t used messenger since they forced you to use the app and I’m not the only one and when I look at my news feed none of my close friends (or myself) have posted anything since New Years.

So Facebook have become a satellite network we check for events, and that’s one step from being obsolete.

This is anecdotal of course, but it is true for both my and my wife’s friend circles.

Re: Facebook Q1 2018 Earnings Slides [pdf]

#217

Post by fergie »

Interesting to note that usage and income peaked in late 2017, yet earnings per share continues to rise unabated.

When there is too much shareholder pressure to extract money from struggling companies, those companies tend to struggle.

Re: Facebook Q1 2018 Earnings Slides [pdf]

#218

Post by oblio »

fergie wrote: post #217

Interesting to note that usage and income peaked in late 2017, yet earnings per share continues to rise unabated. When there is too much shareholder pressure to extract money from struggling companies, those companies tend to struggle.

Peaked? The yearly cycle peaks during Q4 because of the holiday season.
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