MyCatSaid wrote:
facebook is just fail
It's interesting to compare perceptions of a company against it's financials...
FACEBOOK
Users: 1.2 billion, up 16%
Last QUARTER sales: $2.6 billion, up 63%
Profit: $523 million, up from $64 million
Earnings per share: 31 cents
Cash: $11.5 billion, up from $9.3 billion
So although there may be reasons that we personally don't like Facebook, the numbers say that billions of people use it, that it's revenues and profit are still growing and that it has bucket loads of cash in the bank to spend on development of new products, perhaps such as Oculus.