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> Is 2017 for Facebook what 2009 was for BlackBerry and Nokia (when they were still getting record profits and revenues - they were already toast, they just did
by eighthnate 9y ago
> Is 2017 for Facebook what 2009 was for BlackBerry and Nokia (when they were still getting record profits and revenues - they were already toast, they just didn't know it yet)?
The only way the comparison works is if 2009's Blackberry or Nokia owned Apple and the Android OS platform.
Not only does facebook own the facebook social media platform, they own Instagram and WhatsApp, two of the world's largest and fastest growing tech platforms.
Not to mention if Blackberry had Facebook's ungodly 50% operating margin making it arguably the most profitable large company in the world.
In 2009, blackberry was losing money and losing marketshare. 2017 Facebook is growing in all their platforms - facebook, instagram and whatsapp.