facebook may become faceplant

Strategy Inc.

We would like to offer you two charts today that sum up Facebook’s current situation.

http://www.statista.com/topics/751/facebook/

Market research firm eMarketer cut its forecast for Facebook’s revenue by no less than $1 billion in a press release published on Thursday. eMarketer expects Facebook to generate $5.04 billion in 2012, down $1 billion from its February forecast of $6.1 billion. The downgrade is a reaction to Facebook’s disappointing revenue growth in the first two quarters of 2012 and comes at a time when bad news for the social network are in no short supply. Facebook has yet to find a way to monetize its growing mobile audience and the company’s stock price has tumbled ever since the social network went public in May.

 

 

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