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Facebook posted its first loss as a public company

Postby Minelik » 27 Jul 2012, 08:31


The quarterly loss includes $157 million. The market value of FB declined to $65 billion.

I am not quite sure the social media giant would be sucessful. It is doubtful that it can sustain the market growth like true industries that produce tangible goods and of course services. I am not counting on marketing revenues at all. FB heavily relies on revenues from ads and commercials. Have your saying.

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