Friday, July 31, 2015

Why Facebook watchers are still excited about its money-making prospects

Investors aren't thrilled with Facebook's sharply higher costs in the second quarter and its dip in user growth, but analysts are crowing today about its potential to further monetize mobile advertising, video and Instagram. Facebook Inc. shares traded about 2 percent lower Thursday, a day after the Menlo Park social media and advertising company reported its quarterly earnings. It beat Wall Street's forecasts on revenue and earnings per share, but the soaring costs and slowing user growth provided…
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http://memphissmbmedia.blogspot.com/2015/07/why-facebook-watchers-are-still-excited.html from Memphis SMB Media

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