Rumors About Financial Situations of Facebook
Does Facebook need cash badly? Has its growth caused to far outpace the revenue Facebook generates? All these any many more questions and rumors regarding the financial dire of Facebook are in the air these days. Although it’s against the policy of Facebook to comment on any sort of market speculations or rumors regarding its financial position.
But as there have been many miss conceptions recently about the financial status of Facebook so a few comments were passed about what Facebook had to say about the entire story. It was stated that Facebook is quite well stabled and very firmly positioned in the market. Resources have told that the revenue brought in by the company which was $150 million last year is expected to be much greater this year. A marketing research firm has given an estimate that Facebook will bring in about $265 million this year. Another close source to the company reveals that the revenue brought inn by the famous company would be at last $300 million which was earlier estimated by Facebook. The company has updates the market that its marketing business has a great depth and breadth and just like any advertising business expecting 100% recession proof business isn’t possible, Avery close and proper management of the entire business is made sure to expand the number of hiring’s and the scale. The company says that a big number of our goals have been achieved and we are ready to set new targets new goals and achieve new milestones and they are desperate only to get greater success in business. The fact of Facebook’s extensive gain in popularity can not in any case be denied. But the problem occurs when its popularity in the US isn’t up to the mark. Only if the US market could be better for Facebook things can be much better because the international market for Facebook is pretty well already, But keeping in mind and consideration the present situations of the US market which seems to be tapped at this point in time gaining market share would definitely be quite difficult.
About the Author:
Arnold Smith is editor of (www.facebookster.com/blog)i have wrote many article for different industries.
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