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As much as I like to see people talking about profit rather than revenue, revenue is really important as long as you are profitable. It is only when you are lo
by redguava 14y ago
As much as I like to see people talking about profit rather than revenue, revenue is really important as long as you are profitable. It is only when you are losing large amounts of money every month that revenue is less impressive.
Facebook had over 1 billion dollars revenue in the quarter and they were profitable. Why is it so bad that they decided to spend most of that revenue to grow the business further rather than keep it as profit.
If revenue is decreasing, thats another story, but profit being down for one quarter is a result of how much they are reinvesting their money.