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realDonaldTrump writes:

Why You Should Buy Facebook While It's In Crisis (archive)

In spite of the headlines, the hearings, and the hashtags, it does not look like many users are leaving Facebook. A survey conducted by Deutsche Bank concluded that "just 1% of respondents were deactivating or deleting their accounts." If the survey is representative of Facebook's 2 billion users, then 20 million users might leave. This may seem like a big loss, but it means 99% of users are staying.

Doug Clinton, the managing partner of Loup Ventures, estimates that each active user generates about $21 in profits for Facebook each year. The loss of 20 million users would therefore reduce Facebook's earnings by roughly $420 million. Facebook's pretax income last year was $20.5 billion. Does a 2% drop in pretax income justify a 9% loss of market value? I don't think so.

Original Submission

1. "realDonaldTrump" - https://trump.com/
2. "Why You Should Buy Facebook While It's In Crisis" - https://www.forbes.com/sites/kenkam/2018/04/11/why-you-should-buy-facebook-while-its-in-crisis/
3. "archive" - https://archive.fo/FxIID
4. "survey" - https://www.msn.com/en-us/money/technology/more-evidence-that-facebook-users-are-unperturbed-by-privacy-scandal/ar-AAvHcMf
5. "estimates" - https://www.msn.com/en-us/money/news/how-valuable-is-your-facebook-data-less-than-you-think/ar-AAvGQpC
6. "Original Submission" - https://soylentnews.org/submit.pl?op=viewsub&subid=25991

printed from SoylentNews, Why You Should Buy Facebook While It's in Crisis on 2024-04-23 17:49:41