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>Look beyond those selective statistics, FB.com is dead. That's a bit of a strange conclusion when their financials show increasing revenue and increasing prof
by RobAtticus 9y ago
>Look beyond those selective statistics, FB.com is dead.
That's a bit of a strange conclusion when their financials show increasing revenue and increasing profit, quarter over quarter and year over year. From 2016 to 2017 their revenue grew almost 50% as did their Net Income[0].
It's not all roses of course, but it's hardly dead.
[0] https://finance.google.com/finance?q=NASDAQ%3AFB&fstype=ii&authuser=0&hl=en&ei=9_OBWtiJD4at2AaO_YiwBQ https://finance.google.com/finance?q=NASDAQ%3AFB&fstype=ii&a...
- cycrutchfield 9y agoThey are squeezing every last drop out of their userbase, but the numbers do not lie. Decreasing DAU/MAU in their most profitable demographics means that their revenue numbers will eventually suffer.
- tim333 9y agoYou sure the under 25s are the most profitable demographic? Us over 25s often have more cash to spend.
- cycrutchfield 9y agoAh, I meant North American users, which are the highest ARPU users for Facebook. I don't know the breakdown of ARPU for different age demographics within NA.