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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

#251

Post by lordgrenville »

teirce wrote: post #142
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 -…

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…

HN is bearish on SNAP, just like Wall Street is. Sure, they could end up hugely successful, it would just surprise people. Even their own underwriters gave them a HOLD rating as soon as they were allowed to. http://www.cnbc.com/2017/07/11/snap-underwriter-morgan-stanl...

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

#252

Post by gvurrdon »

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 -…

Is that $4.73 per user per year?

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

#253

Post by michaelbrooks »

electic wrote: post #194
eganist wrote: post #158

Earlier quoted context omitted.

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.

I think he's on about allowing a third party to create and support a Snapchat app for Windows devices. There was 6Snap which worked really well, but got shut down because Snap were forcing third parties to close their apps. Someone also created an open source app on Windows, but I'm not sure what happened to that one.

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

#254

Post by michaelbrooks »

JohnnyConatus wrote: post #198
eganist wrote: post #158

Earlier quoted context omitted.

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.

I don't loathe Snap, but I do dislike their decision for not supporting Windows 10. Microsoft even offered a cash incentive to Snap for creating an app and Snap still outright said no. Surely no matter how much you hate a platform, if you're being offered an incentive, you would say yes?

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

#255

Post by fwn »

mcintyre1994 wrote: post #236

The insane thing to me is that they've barely gotten started on monetising outside the Facebook feed. They've taken that, injected ads and garbage until it's useless for me and almost everyone I know, and billions still use it every day. Me and almost everyone I know use some combination of instagram, WhatsApp and Messenger, and they could inject way more ads into all of those. I'd probably end up not using them any…

A problem with monetizing messaging is that messaging services are a commodity. Buying WhatsApp mitigated this problem. Still:

Fancy non-messaging features aside, I have at least two or three functionally identical channels I use to talk to my contacts. If one service gets too clumsy with content injection I could probably change the channel without the other end even noticing it.

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

#256

Post by fwn »

Bakary wrote: post #238
sidcool wrote: post #223

I have met very very few people who actually like Facebook, and still it continues to make impressive strides, technologically and financially. May be I am living in a filter bubble where no one likes Facebook and there's a world somewhere where people are all the time hooked on FB, Instagram and WhatsApp. P.S. I use WhatsApp and like it, so it makes me minor hypocrite.

You might have noticed a trend in this thread of people claiming to hate facebook but also still using it regularly

...kind of like with public transport.

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

#257

Post by daveFNbuck »

michaelbrooks wrote: post #254
JohnnyConatus wrote: post #198

Earlier quoted context omitted.

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

I don't loathe Snap, but I do dislike their decision for not supporting Windows 10. Microsoft even offered a cash incentive to Snap for creating an app and Snap still outright said no. Surely no matter how much you hate a platform, if you're being offered an incentive, you would say yes?

There's a huge opportunity cost in putting some of your developers on creating an app for a niche market. Snap probably felt that Microsoft's incentive didn't cover that cost.

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

#258

Post by rickdg »

teirce wrote: post #142
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 -…

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…

Do they have a working android app yet?

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

#259

Post by thinkfurther »

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.

If it's worth so much to so many people, why can't people simply accept that there are also people who find all of it useless and highly unimpressive?

Yeah, I would like to market pre-Facebook. In exactly the same way I wouldn't want to advertise with Stalin, no matter how effective his apparatus. I bet you there were people who couldn't understand that either.

My life is a painting. I already have brushes and paint, and while I could of course use more and better brushes and paint, there are also those offers to shit all over my painting for a truckload of generic, lame colours, and thousands of stamps with all sorts of shapes designed by "professionals", because making those with your own brush is just too hard. I say no to that, that is a net negative value for me. I don't live to earn money, I earn money to live. FB is right out. As the song goes: you might win some but you just lost one. Nothing more, but also never anything less.

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

#260

Post by girvo »

austenallred wrote: post #175
teirce wrote: 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…

I love Insta stories. It's an immersive way to see what your friends are up to. Just sit back and tap/swipe, takes 30 seconds, pretty passive.

I dunno, my friends (in their mid-late 20s) are much more active on Snapchat for stories. Most of the people I follow on Insta aren't my friends, so their stories aren't very interesting to me
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