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Is Facebook Profitable?

Discussion in 'General Chat' started by Ahsen, Jun 19, 2009.

  1. Ahsen

    Ahsen Junior Member

    Joined:
    Jun 19, 2009
    Messages:
    1
    Hi,

    I’m new in this forum and this is my first post.

    While surfing I came across a discussion where some say Facebook is not profitable yet. How this can happen? According to them it sells stock to cover expenses. What do you think? Any idea?
     
    Ahsen, Jun 19, 2009
    #1
  3. BeeCeeBee

    BeeCeeBee ADMINISTRATOR IN MEMORY

    Joined:
    Apr 20, 2009
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    Location:
    New Jersey "Stronger than the Storm"
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    First, Welcome to Computer Help Forums, Ahsen. :) We all hope you enjoy your time here and that you choose to become an active member of our community.

    As for facebook, I admit to not being a user. However the membership is so high that the advertising revenue must be enormous.
     
    BeeCeeBee, Jun 19, 2009
    #2
  4. pchelp68

    pchelp68 Senior Member

    Joined:
    Jun 22, 2009
    Messages:
    180
    Location:
    New York
    I am a Facebook user and they have surpassed Myspace as far as revenues have gone. They have become more popular as well. They have a lot of ads and people are stupid enough to click on them. I just bought AdMuncher and now I don't have to see any of that crud. :D
     
    pchelp68, Jun 22, 2009
    #3

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