4 ms·
The number is big, but simular to when they faced the 5Bn file for antiprivacy in SF also, it's not that big of a deal for Facebook. In 2019, Facebook's revenu
by bilekas 7y ago
The number is big, but simular to when they faced the 5Bn file for antiprivacy in SF also, it's not that big of a deal for Facebook.
In 2019, Facebook's revenue amounted to 70.7 billion US dollars, up from 55.8 billion U.S. dollars in the previous fiscal year.
Thats revenue.
https://www.macrotrends.net/stocks/charts/FB/facebook/revenue https://www.macrotrends.net/stocks/charts/FB/facebook/revenu...
- lm28469 7y ago9B out of 70B revenues is a pretty big deal imho, what about profits ?
- tyfon 7y agoNet income for 2019 was ~18 milliards (or billions for you Americans) so it's half of that!
- samatman 7y agoAll English-speaking countries have adopted the short scale. Since we're not using French, it's 18 billion. Or you could follow SI recommendations and say 18G$. Pretty sure this crowd would know what you mean.
- tyfon 7y agoI wouldn't call 12% of the annual revenue "not a big deal". I'm pretty sure if I told my boss that my tax plan just cost us 12% of the annual revenue I'd be out on the street in a jiffy!