16 Dec '11, 1pm

Facebook Financials Leaked: They Need a Strong Fourth Quarter

Facebook Financials Leaked: They Need a Strong Fourth Quarter

Although it is common knowledge that Facebook has over 800 million users and is the most popular social network in the world, the company is typically quiet regarding its financials. However, a “well-placed mole” recently provided news sources with access to Facebook’s classified financial information. The leaked financial data revealed that Facebook has total assets of $5.6 billion, cash assets of $3.5 billion, and zero debt. The cash on hand, which is equivalent to well established companies such as eBay and Yahoo, is most likely due to the social network’s ability to capitalize on ads, continued growth, and the ability to monetize users. Through the first three quarters of 2011, Facebook has been able to produce a total of $2.5 billion of gross revenue and $714 million of net income. While the $3.5 billion cash on hand and the $714 million of net income through the firs...

Full article: http://www.searchenginejournal.com/facebook-financials-le...

Tweets

a strong

golfweek.com 15 Dec '11, 8pm

With uncertainty looming, the Nationwide Tour announced Thursday a strong schedule for 2012. The upcoming season, the last...

Facebook's IPO

promotionworld.com 19 Dec '11, 8am

Despite the constant changes in Facebook's security and privacy settings, as well as the recent applications launched at F...

Hello world! #Uncategorized

mhisham.org 17 Dec '11, 3pm

Facebook helps you connect and share with the people in your life.

FuelCell Energy Has Another Strong Quarter: I h...

greentechmedia.com 14 Dec '11, 8pm

I have gotten an enormous amount of mileage from this list. It is the list of profitable fuel cell firms, and it goes like...

OMG! LOVE x1000 :D Blog updated: Fourth hair coloring - my rainbow hair!

OMG! LOVE x1000 :D Blog updated: Fourth hair co...

hanzbr.blogspot.com 16 Dec '11, 3am

I've decided to re-colour my hair when the purple has faded so much into a lilac and seeing the ugly regrowths just gives ...

It Was Not A Crisis, Or Need Not Be: Chua Chin ...

The North South Line breakdown was not meant to be a crisis. Some have called it the worst incident to have happened. Yes ...

Commentary: Chaotic service disruptions? Commut...

todayonline.com 16 Dec '11, 9pm

Arriving at Raffles Place MRT Station on Thursday evening, everything looked normal except for an electronic signboard whi...

How Facebook Will Profit Even More From Your Pr...

care2.com 24 Dec '11, 9pm

Facebook is only free in name. While the company most definitely does not sell your information, Facebook “makes its money...

Very strong’ 2011 for ICs; double digit boom in...

electronicsweekly.com 17 Dec '11, 5am

2011 will be a very strong year for the chip industry, and 2012 will be a double-digit boom, says the Future Horizons Janu...

Record US Solar Quarter at 449 MW Installed

greentechmedia.com 14 Dec '11, 5am

It should be a celebratory time for solar in the U.S. A record-setting third quarter is in the books, with the U.S. instal...

The Frager Factor: Jeweler Makes $2 Million Sale on Facebook ...: Jeweler Makes $2 Million Sale on Facebook Page...

The Frager Factor: Jeweler Makes $2 Million Sal...

fragerfactor.blogspot.com 19 Dec '11, 12am

New York City is possibly the most dangerous place to take your new iPhone or iPad. Grand larcenies have increased this ye...

2011 a strong year for UK #automotive industry.

eurekamagazine.co.uk 22 Dec '11, 9am

The Society of Motor Manufacturers and Traders (SMMT) has named 2011 a step-change year for the UK's automotive industry, ...

SGX to announce second quarter results on 16 Ja...

sgx.com 16 Dec '11, 10am

Singapore Exchange (SGX) will be announcing its second quarter (2Q) FY2012 results on Monday, 16 January 2012, after marke...