Facebook Is Now Worth $190 Billion

[Spartan]

Facebook is worth more than Amazon. Following yesterday’s earnings report, Facebook shares hit an all-time high in after-hours trading at $75. Price has been very stable this morning as well, confirming yesterday’s pop. Shares opened at $75.96 a share, then set a new record at $76.74. Now, shares are trading at $75.13.

 

In other words, Facebook’s market capitalization is now around $190 billion, which is above Amazon’s market capitalization of $165 billion.

With $2.91 billion in revenue and earnings of $0.42 per share, the company beat the analysts’ expectations. When you see Facebook’s earnings chart, it seems like there is no end in sight. Facebook is a great example of a tech company that has performed very well since going public.

It could have bigger consequences on the stock market. Investors could become bullish on other tech stocks due to Facebook’s good performance.

 

Facebook is a much different company than it was when it went public in May 2012. At the time, most of its users were browsing the social network on their laptops, and the company’s ad offering wasn’t as effective as it could be. Now, most users go to Facebook on their phones, and the mobile ads are performing very well.

 

But if you look back even further, nobody would have thought five years ago that Facebook would be worth more than Amazon, around half of Google and Microsoft. One last number, Facebook is now worth more than eight times Twitter.

[nambiyar]

real estate entha fast ga padipoddo... anthaki billion times fast ga paduddu idi kuda... bokkaborla

just wait n see

[Spartan]

real estate entha fast ga padipoddo... anthaki billion times fast ga paduddu idi kuda... bokkaborla

just wait n see

 

hes building lots of Assets....may be future lo Service COmpany ga maripotad anukunta...

[Muthyam]

:4_12_13:

[tom bhayya]

amazon lo 1% kuda useful kaadhu fb 

[Posaani]

Yevadu kontaadu.?

[Aryaa]

Too much valued. One day we will see the fall

Bubble.

Every earnings date ki short chesta ika nundi

[BMW]

Puttagodugulu

[Thingarodu]

Amazon will be back in near future... right time to buy 

[tame]

real estate entha fast ga padipoddo... anthaki billion times fast ga paduddu idi kuda... bokkaborla

just wait n see

 

I agree ...... your analysis will be a reality pretty soon.

[Nellore Pedda reddy]

amazon lo 1% kuda useful kaadhu fb

[k2s]

k

[libertine]

scrooge nuvv koneyach ga facebook ni