19 Jul '12, 12pm

Facebook Stock Under Pressure: U.S. User Base Declines

Facebook Stock Under Pressure: U.S. User Base Declines

According to a recent report by Rory Maher, Facebook appears to be losing users in many of its most important markets. Maher, who is the senior Internet analyst for Capstone Investments, told the media that his firm utilized “proprietary software” to analyze Facebook activity in order to determine Facebook user growth in more than 200 countries. Based on the collected data, which was gathered over the past six months, Maher is reporting that Facebook has experienced a 1.7% decline in the number of U.S. users. In addition, Maher’s report suggests that Hong Kong and Singapore also experienced significant negative growth during the same time period. Although Facebook’s market penetration now exceeds 50% in 23 countries, Maher’s research states that only nine of these heavily saturated markets are currently experiencing growth. The report further observed that the stagnating g...

Full article: http://www.searchenginejournal.com/facebook-us-users-decl...

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