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Certainly not related to the numbers. They killed it this quarter! They had a NON-GAAP EPS of 34C while estimates were at 24C. That's pretty incredible consi

Certainly not related to the numbers. They killed it this quarter! They had a NON-GAAP EPS of 34C while estimates were at 24C. That's pretty incredible considering that mobile advertising contributing about 59% of their advertising revenue. That's been the one area that analysts were worried about.

robzyb 13y ago
What is "34C" and "24C"?
- brianbreslin 13y ago
  34 cents $0.34 , earnings per share
exelius 13y ago
It's hard to be an officer in a public company for any significant amount of time. Especially a CFO. You are personally, criminally liable for any fuck-ups your company may make, and that wears on a person. You don't see many CFOs that stick with companies for more than 5-7 years. Undeniably they blew their numbers out of the water. And I don't think his departure has anything to do with the numbers; he's probably just tired.
- camillomiller 13y ago
  In other news Tim Cook officially saluted Peter Oppenheimer today. Apple's CFO of TEN years, Oppenheimer is retiring at the end of semptember. Cook: "He never missed a guidance in ten years. This must be a record among CFOs". :)
pbreit 13y ago
And while revenue was up 72%, income nearly tripled! This is why you invest every penny you have into growing a software company and push profits out as far as possible.
- ZenPro 13y ago
  Facebook is not a software company. http://www.forbes.com/sites/joemckendrick/2012/06/29/rip-software-companies-hello-data-companies/ http://www.forbes.com/sites/joemckendrick/2012/06/29/rip-sof...
  - dredmorbius 13y ago
    In terms of what actually directly provides value, it's less data and more social lock-in. Arguably software is a large driver of the company's value. This is all pretty much an angles dancing on heads of pins argument, though.
  - pbreit 13y ago
    I disagree but will switch to a "near zero marginal cost" company.
- pyrrhotech 13y ago
  that's what they thought in 1999 too. Only works as long as your investors believe your story and are willing to keep injecting cash

robzyb 13y ago

What is "34C" and "24C"?

brianbreslin 13y ago
34 cents $0.34 , earnings per share

exelius 13y ago

It's hard to be an officer in a public company for any significant amount of time. Especially a CFO. You are personally, criminally liable for any fuck-ups your company may make, and that wears on a person. You don't see many CFOs that stick with companies for more than 5-7 years. Undeniably they blew their numbers out of the water. And I don't think his departure has anything to do with the numbers; he's probably just tired.

camillomiller 13y ago
In other news Tim Cook officially saluted Peter Oppenheimer today. Apple's CFO of TEN years, Oppenheimer is retiring at the end of semptember. Cook: "He never missed a guidance in ten years. This must be a record among CFOs". :)

pbreit 13y ago

And while revenue was up 72%, income nearly tripled! This is why you invest every penny you have into growing a software company and push profits out as far as possible.

ZenPro 13y ago
Facebook is not a software company. http://www.forbes.com/sites/joemckendrick/2012/06/29/rip-software-companies-hello-data-companies/ http://www.forbes.com/sites/joemckendrick/2012/06/29/rip-sof...
- dredmorbius 13y ago
  In terms of what actually directly provides value, it's less data and more social lock-in. Arguably software is a large driver of the company's value. This is all pretty much an angles dancing on heads of pins argument, though.
- pbreit 13y ago
  I disagree but will switch to a "near zero marginal cost" company.
pyrrhotech 13y ago
that's what they thought in 1999 too. Only works as long as your investors believe your story and are willing to keep injecting cash