Negative news against Facebook cannot slow down its amazing growth story

[Bucky]

Facebook posted strong financial numbers for its fourth quarter Wednesday, beating on earnings and revenue and sending shares up more than 7 percent in extended trading. Active user metrics continue to rise, though slowly.

Here's how the company did compared with what Wall Street predicted:

Earnings: $2.38 per share, vs. $2.19 forecast by Refinitiv consensus estimates
Revenue: $16.91 billion, vs. $16.39 billion forecast by Refinitiv consensus estimates
Daily active users: 1.52 billion, vs. 1.52 billion forecast by Refinitiv consensus estimates
Monthly active users: 2.32 billion, vs. 2.32 billion forecast by Refinitiv consensus estimates
Average revenue per user: $7.37, vs. $7.11 forecast by FactSet estimates

All signs point to a strong financial quarter for Facebook, despite growing public outrage over the company's privacy practices.

https://www.cnbc.com/2019/01/30/fac...8.html?__source=sharebar|twitter&par=sharebar

If Facebook merges WhatsApp, Instagram and Facebook Messenger, like they plan to do, it will be nearly impossible to break them up. A real power house. The companies demise has been greatly exaggerated.

 

[Hawkeye10]

https://www.cnbc.com/2019/01/30/fac...8.html?__source=sharebar|twitter&par=sharebar

If Facebook merges WhatsApp, Instagram and Facebook Messenger, like they plan to do, it will be nearly impossible to break them up. A real power house. The companies demise has been greatly exaggerated.

I know some people at Facebook, they say that morale is in the toilet.

 

[Hari Seldon]

I know some people at Facebook, they say that morale is in the toilet.

Well that settles it. We used to be better.

 

[Rogue Valley]

Well that settles it. We used to be better.

Anyone that uses Facebook should have a lobotomy. They steal as much as the Chinese.

 

[Bucky]

Anyone that uses Facebook should have a lobotomy. They steal as much as the Chinese.

2.7 billion people need a lobotomy?