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Friday, 01 April 2011 09:01

Facebook will be worth $234 billion in four years

Written by


No, seriously
Beancounters over at Wedbush Securities estimate that Facebook will have a market value of about $234 billion by 2015. The social networking giant is currently valued at $85 billion.

Analyst Lou Kerner announced the estimate last week and he expects to company to post about $11 billion in profits with a 50 percent margin. In his previous prediction a year ago, Kerner said that Facebook would be worth $100 billion by 2015.

For comparison, Microsoft is currently valued at $213 billion and we are talking about a company that actually makes things, whereas Facebook’s sole purpose is to waste people’s time in the workplace.

More here.
Last modified on Saturday, 02 April 2011 08:53

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Comments  

 
+27 #1 FlOw 2011-04-01 10:38
This has to be a joke... :-?
 
 
+23 #2 milkod2001 2011-04-01 10:43
hard to believe and in 10 years nobody will remember something like Facebook
good luck
 
 
+18 #3 chyll2 2011-04-01 15:38
April's Fools Joke?
 
 
+9 #4 bobjohn9995 2011-04-01 16:30
Facebook isn't a waste of time! It just provides a alternative to productivity lol :lol:
 
 
+3 #5 DaRAGE 2011-04-02 11:36
No I really do not doubt that facebook will be worth that much if the economies of the world do not crash altogether when America declares Bankruptcy. Facebook has a huge market of people with which to show advertisements. Their revenue last year increased from 1 billion to 2 billion. The more people that join, the more other people want to join to commmunicate with those people.

Though an American Economy crashing will become a depression, but the world will struggle on as there are always jobs and things to do new technologies, etc.
 
 
+4 #6 Wolfdale 2011-04-02 18:48
@ DaRAGE

america will never declare bankruptcy... their gov is too dumb for that..

they will just keep "creating" new money and injecting it into companies that play along with the tax-cut-games...

if america was a company.. it wouldnt even be allowed to participate in stock markets..

their national debt is so insanely big.. and the only solution they can think of.. is creating more new money to fix it..
i guess its just a matter of time before some rich oil baron buys it
 
 
+4 #7 DeadTime 2011-04-03 04:55
They make nothing yet somehow they are worth something....when we have another dot com burst I'm going to laugh my ass off.

Wait....I just thought this through more, they make less than nothing they require something to make nothing that's even worse. You pour electricity and servers into a hole and ones and zeros come out that are people posting useless things.

That is the 7th sign that the end of the world is at hand....
 
 
+3 #8 Kayser 2011-04-04 03:19
i think what helped facebook to be a mega popular as it is now , is zynga :)
ive been playing their games for months and now into poker xD
 
 
0 #9 fuadzilla 2011-04-04 19:00
Quoting Wolfdale:
@ DaRAGE

america will never declare bankruptcy... their gov is too dumb for that...(LOL!) ...i guess its just a matter of time before some rich oil baron buys it

china will own it now if she so desires. however, bloody debtor can only pay her worthless fiat money. wtf. it will be utter chaos. luckily for us china is not some megalomanic capitalistic big brother wannabe like youknowwho...heh.
 
 
+1 #10 fuadzilla 2011-04-04 19:03
...and oh, screw fatbook. who needs that stupid thing? well, apart from attention whores who need to be noticed all the time by posting junks? ugh...get a life. start living.
 

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