Remember when everyone thought Facebook was going to be a bust as a public company
Remember when everyone thought Facebook was going to be a bust as a public company? The days of the botched IPO and fears over ineffective ads seem to be long past us. More importantly, concerns over whether FB could transition to a mobile platform were clearly overblown. The company now receives 62% of its ad revenues from mobile advertising. For a closer look at the results of Facebook's earnings release this week, check out James Marlay's wire. In addition, Facebook released five charts along with its earnings which perfectly depict just how strong the company's growth has been. In a nutshell, daily active users, monthly active users, mobile daily active users, mobile monthly active users, and revenues are all showing robust growth. Looking at the charts, it's hard to argue the company has been anything but a resounding success so far. (VIEW LINK)
I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...
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