Facebook’s red-hot status update

An $11 billion warchest and zero long-term debt put Facebook’s development and innovation on the front foot against its peers – and there are significant avenues for growth it has yet to explore.

So much for the reports that users are deserting Facebook in droves – the company’s fourth-quarter results suggest anything but. For the three months ending December 31 average daily users sat at a staggering 757 million, up from 618 million year-on-year, driven by growth in all key regions: Asia Pacific, the United States, Canada and Europe. On mobile, Facebook for the quarter saw average daily users of 556 million, an increase of over 50 per cent on the prior year.

Forgive the hyperbole, but the growth demonstrated by Facebook – now 10 years old – is worthy of praise.

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to proceed…

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles