Of course this overhyped stock will come crashing down. The whole business model is a huge failure. Users are fickle. They move to new pasture all the time. Take a look at myspace. Facebook is a failure of epic proportions.
It’s showtime for earnings report as a public company.. Call it the second act after its rocky initial public offering two months ago. On Thursday, the company will take the spotlight once again for its first
Facebook’s fate hinges on its ability to convince businesses that the ads on its website and on its mobile application are effective. To do that, the world’s largest online social network needs to keep its nearly 1 billion users logging on as often — and for as long — as possible, interacting with each other as well as with brands.
- Facebook’s day of reckoning: 2Q earnings report (metronews.ca)