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Even if Facebook has a 50% reduction in rev, they'd likely be breaking even, and not touch their massive cash reserve. 2017 earnings: * 40B of Rev * 5.5B cos
by cobookman 8y ago
Even if Facebook has a 50% reduction in rev, they'd likely be breaking even, and not touch their massive cash reserve.
2017 earnings:
* 40B of Rev
* 5.5B cost to rev
* Gross profit of 35B
* Operating Income of 20B
https://www.nasdaq.com/symbol/fb/financials?query=income-statement https://www.nasdaq.com/symbol/fb/financials?query=income-sta...
- grey-area 8y agoThanks for the figures, maybe they are too big to fail at this point. I’ll be interested to see how they weather the coming downturn and multiple scandals.