Wow.... This is awesome..... huhu..
Can you imagine, you are one if the 1 billions facebook users????
Today, if your dont have Facebook can consider looseerrrr...
This "looseerrrr" term only applicable to those users below 30.....
hahaha
You guys can read more in http://biz.thestar.com.my/news/story.asp?file=/2012/10/5/business/20121005081049&sec=business
NEW YORK/SAN FRANCISCO: Facebook Inc
passed the 1 billion user mark in September, a level of global penetration that
is a remarkable achievement for an 8-year-old social network and a heightened
challenge to its quest for sustained growth.
Facebook, which has endured a bruising four months in the stock market
since a haphazard May 18 initial public offering, has acknowledged that a
slowdown in new-user acquisition is inevitable as its worldwide reach expands.
But doubts over whether the company can squeeze more and
more dollars out of each network member - given well-publicized struggles to
monetize the growing ranks of users who access Facebook from mobile devices -
have shaved more than 40 percent off Facebook's value since its IPO, although
shares still trade at a lofty 45 times projected 2012 earnings. Thursday's
announcement that Facebook crossed the billion threshold on September 14
confirmed expectations on Wall Street that growth is actually trailing off.
The latest quarter's growth appeared likely to come in
lower in raw numbers, let alone by percentage, than the April-June quarter's 54
million new users. About 45 million joined from the start of July, when it had
955 million users, through September 14. And the previous quarter was way down
from the 102 million who joined during the first three months of 2012. In an interview on NBC's "Today" show broadcast
on Thursday,
Founded by Zuckerberg in a Harvard dorm in 2004, Facebook
took three years to reach 50 million users. By 2010, that hit 500 million. But
with Google Inc
launching its own social network and other services from Twitter to
YouTube vying for Web surfers' time, the social network is keen to keep rolling
out new products to keep its members engaged. "The key, of
course, is monetization of those users," Hudson Square analyst Dan Ernst
said.
STUNG
Facebook, stung by criticism over the efficacy of its
ads, concerns about its mobile business and questions over growth, turned on
the charm in the past month. Zuckerberg went on the offensive to soothe
investors, making his first public appearance since the May IPO on September
11, confidently talking up the company's mobile prospects and hinting at new
initiatives in search and e-commerce. It appeared to work, stemming the share
price's slide below $18.
| Facebook User |
The stock now trades above $21 - still well below its IPO
price of $38. Zuckerberg said his company's new mobile ads were delivering
better results for advertisers than its traditional ads on personal computers. In
addition, this week, Chief Operating
Officer Sheryl Sandberg and board member Marc
Andreessen have appeared on the CNBC business channel and panels at a
high-profile advertising conference in New York.
The company said on its website it now has 600 million
mobile users, up from 543 million at the end of June. "There's 5 billion
people in the world who have phones, so we should be able to serve many more
people and grow the user base there," Zuckerberg said.
As for his own phone habits, he said he owns several
devices, and called an iPhone 5 he received personally from Apple Inc
CEO Tim Cook
"a wonderful device."
DWINDLING MORALE
Facebook's share price and persistent, skeptical scrutiny
of the company have taken a toll on its employees, many of whom had counted on
a big post-IPO payday. Zuckerberg acknowledged that morale at the company could
be better but said its 4,000 employees remained focused on building and
improving Facebook's products. "We are obviously in a tough cycle
now," he said. "That doesn't help morale."
Facebook has rolled out a spate of initiatives to spur
more growth, including a new advertising platform and measurement methods to
show marketers they are getting bang for their buck. The company also said on
Thursday it has seen 1.13 trillion "likes," or endorsements by users,
since it launched the feature in February 2009. Many advertising campaigns that
companies conduct on Facebook are designed to garner "likes."
But it is also exploring options beyond advertising,
which accounted for roughly 84 percent of the total revenue in the second
quarter. On Wednesday, the company also said it was letting U.S. users pay a
fee to boost the visibility of their posting. Last week, Facebook unveiled a
feature that lets U.S. users buy and send gifts such as glasses, pastries and
gift cards to friends - signaling its intent to play a bigger role in
e-commerce.
On Thursday, Zuckerberg focused on what he called an
historic milestone: connecting about one in seven people on the planet across
both the developed and developing world. Facebook's number of users is larger than other social
media services such as Twitter, which has 140 million monthly active users, and
Google+, the Internet search company's year-old social network, which has 100
million monthly active users.
The median age of Facebook's users is 22. The five
largest user countries, which the company listed alphabetically, are Brazil,
India, Indonesia, Mexico and the United States. "Helping a billion people
connect is amazing, humbling and by far the thing I am most proud of in my
life," Zuckerberg said in his blog post. - Reuters
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