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(KSTU FOX 13)   Facebook stock jumps 8% on news of $60 million third-quarter loss, proving that Facebook investors aren't getting any smarter   (fox13now.com) divider line 31
    More: Stupid, Salt Lake City, operating margin, monetization  
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590 clicks; posted to Business » on 24 Oct 2012 at 3:23 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



31 Comments   (+0 »)
   
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2012-10-24 11:54:49 AM  
Maybe they expected to lose 120 million.
 
2012-10-24 11:55:17 AM  
www.pandemiclabs.com
 
2012-10-24 01:18:23 PM  
But...but mobile revenues!
 
2012-10-24 01:24:55 PM  
It's up 20% at the moment.
 
2012-10-24 04:10:45 PM  
All I know is every day Facebook seems to have more and more adds and I'm less and less inclined to use it.
 
2012-10-24 04:15:21 PM  
Doesn't the bottom fall out on Thursday? Artificial bubble here for a day so those folks can squeeze a couple extra bucks out?
 
2012-10-24 04:18:56 PM  

hungryhungryhorus: All I know is every day Facebook seems to have more and more adds and I'm less and less inclined to use it.


Ad Block Plus for Firefox

No ads on Facebook
 
2012-10-24 04:20:41 PM  

PluckYew: hungryhungryhorus: All I know is every day Facebook seems to have more and more adds and I'm less and less inclined to use it.

Ad Block Plus for Firefox

No ads on Facebook


Add in unliking every business you've liked.
 
2012-10-24 04:44:36 PM  
up 19% just the days of the .com boom. nasdaq to 6000 here we go
 
2012-10-24 04:48:39 PM  
Subby still thinks that stock prices have something to do with company performance?
 
2012-10-24 04:50:42 PM  

meat0918: PluckYew: hungryhungryhorus: All I know is every day Facebook seems to have more and more adds and I'm less and less inclined to use it.

Ad Block Plus for Firefox

No ads on Facebook

Add in unliking every business you've liked.


Doesn't matter... unless you can convince every person you are "friends" with to also unlike every business they've liked.
 
2012-10-24 04:55:40 PM  
Still wont buy that turd of a stock.
 
2012-10-24 04:55:55 PM  

dr.zaeus: meat0918: PluckYew: hungryhungryhorus: All I know is every day Facebook seems to have more and more adds and I'm less and less inclined to use it.

Ad Block Plus for Firefox

No ads on Facebook

Add in unliking every business you've liked.

Doesn't matter... unless you can convince every person you are "friends" with to also unlike every business they've liked.


I forgot that companies can pay for the ability to post as one of your friends.
 
2012-10-24 05:11:56 PM  
Since the first picture I saw of Mark Zuckerberg, I've wondered what's up with his face.

I am not saying he is ugly -- I am in no real position to talk.

I just think he has this weird, flat, like it's still being formed in a vacuum mold, like Han Solo frozen in carbonite, face.
 
2012-10-24 05:16:22 PM  
It's an enduring mystery to me why Facebook has any revenues at all. Seriously. What is anybody paying Facebook for?
 
2012-10-24 05:21:49 PM  
My marketing company has paid Facebook for our a client's campaign, and I've paid Facebook myself to build followings and get "likes" for a page about one of my personal websites. The former worked OK. The latter worked amazing well.
 
2012-10-24 07:34:45 PM  

bostonguy: My marketing company has paid Facebook for our a client's campaign, and I've paid Facebook myself to build followings and get "likes" for a page about one of my personal websites. The former worked OK. The latter worked amazing well.


If I have to pay somebody to "like", I'm going to at least expect a happy ending.
 
2012-10-24 08:25:47 PM  

czetie: It's an enduring mystery to me why Facebook has any revenues at all. Seriously. What is anybody paying Facebook for?


Seriously?
 
2012-10-24 08:42:37 PM  
I made a killing in FB the last two days


buy em low, sell em high!
 
2012-10-24 08:47:28 PM  

Moopy Mac: czetie: It's an enduring mystery to me why Facebook has any revenues at all. Seriously. What is anybody paying Facebook for?

Seriously?


Yes, seriously.

I understand that some people pay Zynga for content in their games, and Zynga in turn pays Facebook. I have no idea why people do that. The whole thing may depend on a constant supply of fresh players. Given how Zynga is doing financially, that may not last for much longer.

And I understand that Facebook makes a lot of revenue from advertisements, but since it takes 10,000 ads on FB to get 5 clicks, and who knows how few of those clicks translate into a transaction, I have no idea why anybody would advertise on FB. And that's before you get into the fact that companies get basically two kinds of "like" on FB: meaningless, and fake.

So, yes, seriously. FB's business model makes no sense to me. I may be proven spectacularly, embarrassingly wrong, but I have no idea how they are ever going to be profitable.
 
2012-10-24 08:48:31 PM  
Wait till the next lock up is over.
 
2012-10-24 09:32:53 PM  

hungryhungryhorus: All I know is every day Facebook seems to have more and more adds and I'm less and less inclined to use it.


I honestly didn't even know they had ads until somebody told me. You should look into this whole "Firefox" thing and AdBloc plus. It's all the rage with the kids.
 
2012-10-24 09:53:51 PM  

czetie: Moopy Mac: czetie: It's an enduring mystery to me why Facebook has any revenues at all. Seriously. What is anybody paying Facebook for?

Seriously?

Yes, seriously.

I understand that some people pay Zynga for content in their games, and Zynga in turn pays Facebook. I have no idea why people do that. The whole thing may depend on a constant supply of fresh players. Given how Zynga is doing financially, that may not last for much longer.

And I understand that Facebook makes a lot of revenue from advertisements, but since it takes 10,000 ads on FB to get 5 clicks, and who knows how few of those clicks translate into a transaction, I have no idea why anybody would advertise on FB. And that's before you get into the fact that companies get basically two kinds of "like" on FB: meaningless, and fake.

So, yes, seriously. FB's business model makes no sense to me. I may be proven spectacularly, embarrassingly wrong, but I have no idea how they are ever going to be profitable.


You are wrong. Google had essentially no revenue for years. Everyone asked how in the world they expected to produce revenue. They just kept saying "wait for it" then it came. Once you have half the world as your audience you can do lots of things. Here's FB's quarterly statement results....

http://biz.yahoo.com/e/121024/fb10-q.html

$1.2B in the QUARTER in revenue. They are just getting going.

/hates FB
 
2012-10-24 10:14:11 PM  

brandent: You are wrong. Google had essentially no revenue for years. Everyone asked how in the world they expected to produce revenue. They just kept saying "wait for it" then it came. Once you have half the world as your audience you can do lots of things.


Facebook is not Google. Google has one magic thing that Facebook does not: It has relevance. When you go to Google, you are searching for something. Google serves up ads that are related to that search. Relevant, if you will, to your intention.

When you go to Facebook, you're not searching for anything. There is no intention. So there's no motivation to redirect to an ad. Google is intentional; Facebook is opportunistic. That's why Google is two, maybe three orders of magnitude more valuable than Facebook. Name a social network that has ever made money from placing ads related to the social networking activity. I can wait.

And regardless of the size of the audience, Facebook so far has demonstrated no competence whatsoever in doing anything that monetizes its audience, but it has demonstrated an extraordinary capacity for annoying its audience.

Anyway, call me back when Facebook is Google.

/By the way, some of us didn't need to ask how Google expected to produce revenue. For some of us, the combination of an exceptional search algorithm and an effective auction model were plenty.
 
2012-10-24 10:35:13 PM  

brandent: Google had essentially no revenue for years.


p.s. It's hard to validate Google's revenue in the early years, but it was over $19M in 2000, not bad for a company that was officially incorporated in September 1998. If you want to call $19M "essentially no revenue" or alternatively call fifteen months "years", be my guest.

Silicon Valley loves its myths, but the reality is that Google generated revenue very quickly, and also became profitable quickly. The SEC filing for its 2004 IPO disclosed that Google had turned a profit every year since 2001 and in particular that it had made a profit of $105.6M on revenues of $961.8 million in 2003. The fact is that Google was already profitable pre-IPO.

There's just no way to spin the story that Facebook as a business is in any way like Google. If you want to convince me that Facebook has a good business model, you'll need to come up with something compelling about Facebook, not a weak analogy to Google.
 
2012-10-25 12:08:59 AM  

Ima10urin8: I made a killing in FB the last two days


buy em low, sell em high!


So, you're OK with your profits being taxed as ordinary income, or you expect that profit to hold or gain for 12 months?
 
2012-10-25 01:16:53 AM  

czetie: And regardless of the size of the audience, Facebook so far has demonstrated no competence whatsoever in doing anything that monetizes its audience, but it has demonstrated an extraordinary capacity for annoying its audience.


And yet Facebook had net earnings of $311 million on sales of $1.3 billion last quarter. Boy - I would love to be that incompetent.
 
2012-10-25 01:21:26 AM  

czetie: There's just no way to spin the story that Facebook as a business is in any way like Google. If you want to convince me that Facebook has a good business model, you'll need to come up with something compelling about Facebook, not a weak analogy to Google.


Perhaps you didn't know this but public companies have these things called "10Q" they have to file every quarter. Perhaps you can read about what they say their business model is and give us an expert analysis of it on why it is flawed. We will wait with bells on for that posting.

/because so far you are just biatching out of your ass
 
2012-10-25 05:48:04 AM  

gingerjet: czetie: And regardless of the size of the audience, Facebook so far has demonstrated no competence whatsoever in doing anything that monetizes its audience, but it has demonstrated an extraordinary capacity for annoying its audience.

And yet Facebook had net earnings of $311 million on sales of $1.3 billion last quarter. Boy - I would love to be that incompetent.


That's adjusted net earnings. After the tax man came calling for the employees' vested restricted shares, they ended up taking a loss of about $.02 per share.

Hard to see the stock staying up high next week. On Monday most FB employees will have their first opportunity to sell off their restricted stock units.
 
2012-10-25 11:08:22 AM  

czetie: Moopy Mac: czetie: It's an enduring mystery to me why Facebook has any revenues at all. Seriously. What is anybody paying Facebook for?

I understand that some people pay Zynga for content in their games, and Zynga in turn pays Facebook. I have no idea why people do that. The whole thing may depend on a constant supply of fresh players. Given how Zynga is doing financially, that may not last for much longer.

And I understand that Facebook makes a lot of revenue from advertisements, but since it takes 10,000 ads on FB to get 5 clicks, and who knows how few of those clicks translate into a transaction, I have no idea why anybody would advertise on FB. And that's before you get into the fact that companies get basically two kinds of "like" on FB: meaningless, and fake.

So, yes, seriously. FB's business model makes no sense to me. I may be proven spectacularly, embarrassingly wrong, but I have no idea how they are ever going to be profitable.


I thought I read somewhere that facebook actually makes a ton of money collecting data on people and then selling it. I mean the same way nielsen collects information about people's tv habits and makes money and a polling company like Gallup collects information by phone and then sells it to make money Facebook collects people's information online and then sells it. I mean facebook knows my name, my age, where I live, my level of education, my maritial status and all kinds of stuff about things I like (all the kind of shiat you get asked when you do a phone survey). I am sure if you took the information of all the users and used it like a survey for various things it would be worth money to a ton of people.
 
2012-10-27 04:56:32 PM  

NewportBarGuy: Ima10urin8: I made a killing in FB the last two days


buy em low, sell em high!

So, you're OK with your profits being taxed as ordinary income, or you expect that profit to hold or gain for 12 months?


this particular account is coded for short term - day trading

and yes I'm fine with paying ordinary income taxes on this particular account.
 
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