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Facebook (FB -2.9%) and Zynga (ZNGA -7%) dive following a Capstone Investments report claiming...

  • Tuesday, July 17, 2012, 1:37 PM ET
    Facebook (FB -2.9%) and Zynga (ZNGA -7%) dive following a Capstone Investments report claiming Facebook's U.S. users fell 1.1% over the last 6 months. Capstone adds Facebook's growth was minimal or negative in 14 of the 23 countries in which its penetration rate is above 50%. The report backs up recent data suggesting U.S. saturation, and drives home Facebook's dependence on less profitable emerging markets to drive user growth. (previous)
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This news story has 4 comments:

  •  
    FB heading to a new market low...little late to the credible jobs board property
    17 Jul 2012, 01:46 PM Reply Like
  •  
    FB remains incredibly overvalued imo - LT tgt: teens or lower
    17 Jul 2012, 01:51 PM Reply Like
  •  
    SoldHigh - Interesting comment. I agree with you, their long term target is teens or lower, whom are less tech savvy, though adapting increasingly towards technical know-how (cite: evolution), but may be more likely to fund advertising sources such as games, likes, brands, music.

    I have a gut feeling that the top "valley" biz/tech talent can monetize the hell out of their products. However, it will be interesting to see the privacy policy debates brewing as, irony would have it, social media catches wind of unfavorable user experiences.

    This is an interesting story.
    18 Jul 2012, 02:12 AM Reply Like
  •  
    A product that lots of people use but isn't necessarily hugely profitable. Like cars and airlines.
    18 Jul 2012, 03:06 PM Reply Like
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