Live data from Hacker News

Facebook Profit Jumps 71% Year-over-Year

wsj.com

241–250 of 294 posts

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

#242

One thing I just can't get my head around... who is clicking on online ads? I click on maybe one a year, and probably less than that, and I don't think I've ever bought anything based on what I was shown in an online ad. Perhaps I'm an outlier, but considering the popularity of ad blockers I don't think my lack of engagement with online ads is that extreme.

I am wondering the same. I never click those and install ad blockers for every family computer I come across

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

#243
post #149
post #142

Earlier quoted context omitted.

Maybe I'm just a crazy millennial, but I absolutely loathe the idea of FB / Insta stories. Snapchat going under wouldn't convince me to move over -- I'd just stop using the service and move on to communicating some other way. And Stories aren't the only appeal of SNAP, though I suppose they are a large producer of revenue. HN just loves to hate SNAP, and I can't really fathom why. I can get being skeptical but every…

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.

I have an android phone (S7 edge). Before I got this phone, I was a light user of snapchat. On the new phone, Whatsapp, Facebook and Instagram were pre-installed. I set them up, they started working perfectly. I downloaded snapchat. It crashed on login. I literally could not get it to work on my brand new flagship device. That's my reason.

PS: also a millennial here, not very crazy though, regrettably

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

#244

> 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?

it is strange. couldn't we make up a law that would say each state must license internet ads supplier. And that license does not cross state lines (to protect the quality of the service)

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

#245
I guess ruining videos is paying off then.

I'll be watching a video lets say it's a downbeat makes-you-feel sort of video. In the middle Facebook decides it's cash-in time and you get some zany wacky advert for something or other. Yeah cheers Facebook.

The overall effect is I realise I'm wasting time watching videos and exit out during the ad, I imagine eventually I'll just not bother watching videos at all.

I'm also aware most of the videos I'm watching out of convenience are freebooted too, it's a bit cheeky to profit on those.

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

#246

Interestingly, I'm someone who does not click on ads, but the last 3 ads I've clicked on were on Facebook, and two resulted in purchases. I can't help it when the ads are for cool things like a $20 USB endoscope.

Same here, the only online ad ever that led me to buy the product was a rick and morty tshirt ad on fb.

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

#247
post #149
post #142

Earlier quoted context omitted.

Maybe I'm just a crazy millennial, but I absolutely loathe the idea of FB / Insta stories. Snapchat going under wouldn't convince me to move over -- I'd just stop using the service and move on to communicating some other way. And Stories aren't the only appeal of SNAP, though I suppose they are a large producer of revenue. HN just loves to hate SNAP, and I can't really fathom why. I can get being skeptical but every…

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.

Confirmed - it's a frivolous plaything - very well put!

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

#248
post #149
post #142

Earlier quoted context omitted.

Maybe I'm just a crazy millennial, but I absolutely loathe the idea of FB / Insta stories. Snapchat going under wouldn't convince me to move over -- I'd just stop using the service and move on to communicating some other way. And Stories aren't the only appeal of SNAP, though I suppose they are a large producer of revenue. HN just loves to hate SNAP, and I can't really fathom why. I can get being skeptical but every…

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.

At first, I dismissed snapchat thinking "people will hack the protocol and save messages anyway, and the whole idea will fall apart". Then, I was a little envious that someone else had the idea, and I now think it was a good idea, and that I was blinded by an overly-technical analysis of their product.

But it doesn't look like the couple good ideas they had were enough to make a long-term business. So, unless they do something cool in the next 12 months, RIP. Founders got a nice payday, so who cares?

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

#249

One thing I just can't get my head around... who is clicking on online ads? I click on maybe one a year, and probably less than that, and I don't think I've ever bought anything based on what I was shown in an online ad. Perhaps I'm an outlier, but considering the popularity of ad blockers I don't think my lack of engagement with online ads is that extreme.

There are people out there that fall for 419 scams and spam email. You are on Hacker News. It's safe to say you're not the average measurement when it comes to who clicks ads.

On the whole ad blockers are not as popular as you might think, you just hear about them more frequently due to the circles you browse in.

In any case you say you click on one a year. Lets assume everyone does likewise and multiply that alone by Facebook's userbase and you've got a good 5 million ad clicks per day.

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

#250

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 -…

This makes me sad. I wish it was the case that the top companies have produced the most productivity/useful goods, not a messaging site with advertise that people use at their off times.

very dangerous and unpopular thought way out of the HN comfort zone - but you're not alone!
Post reply on HN