4 ms·
TLDL?
by kcmastrpc 6y ago
TLDL?
- gherkinnn 6y agoThe PDF: https://s21.q4cdn.com/399680738/files/doc_financials/2020/q3/FB-09.30.2020-Exhibit-99.1.pdf https://s21.q4cdn.com/399680738/files/doc_financials/2020/q3...
- Teknoman117 6y agoIs that "Too Long Didn't Listen" or "Too Lazy Didn't Listen"? Serious question. I'm also in the boat of I'm usually in a position to read something, far less commonly in a position to listen to something.
- kcmastrpc 6y agoYea, I looked at the PDF, but I was asking for a summary, which I got. Thanks.
- mobilio 6y agoStill profitable.
- seshagiric 6y agoHere is a take. FB seems to be doing pretty well: a. Both DAU and MAU continue to grow. FB now has 2.7B MAU and 1.8B DAU. Combining across all their products (WhatsApp, Insta..) the DAP is 2.54B b. Ads is the source of income and FB makes $39.6 per user in the US&CA and $7.89 avg. world wide c. Operating expenses are kind of stabilizing which is a good thing for FB. The presentation is a good easy read. I like how FB define the metrics like DAP etc.
- leesec 6y ago>Combining across all their products (WhatsApp, Insta..) the DAP is 2.54B Incredible, a third of the world uses a Zuckerburg product every single day.
- darkwizard42 6y agoGets even crazier when you subtract China's population from that because they can't access FB there!
- croddin 6y agoWow so 1/3 off all people on earth use at least one FB product every day.
- deleted 6y ago[deleted]
- darkwizard42 6y agoYep, and if you think about the lack of access to China's population, they are almost at like 1/2 of their "addressable" market!!
- bogrollben 6y agoThe $39.6 per US/CA user is per quarter, correct?