Google+ (GOOG) now has 135M monthly active users, up from 100M in September, says division chief...

Google+ (GOOG) now has 135M monthly active users, up from 100M in September, says division chief Vic Gundotra. Moreover, 235M people are using Google+ features such as the +1 button and Hangouts. But no details are given on user engagement, which from all signs is significantly below that shown by Facebook's (FB) 1B+ MAUs. In June, Google+ users were reported to be spending a mere 12 minutes/month on the service; comScore recently estimated Facebook's U.S. users averaged 517 minutes/month.
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Comments (3)
  • gmmpa
    , contributor
    Comments (672) | Send Message
    So What!!! More minutes online do not necessarily equal more sales revenue. When I want to buy something I "Google" it and choose from a list of websites that may have the product I want at the price I want to pay. I may go to Youtube and search to see if anyone posted a product demo or perhaps their personal product review. The other day I was viewing a serious of Youtube videos on a subject I wanted to learn how to do and before I could skip the ads a tool I was often thinking of making for myself because I did not believe it existed was advertised. I linked to the web site and happily bought it on the spot.


    Google is not just search or advertising. It is a valuable gateway to information sources for almost any subject on earth. What is Facebook? It is a place the police and the government go to see who you are and what you have been doing just like my comment on this site.


    I am long Google and happy about its current business model.
    7 Dec 2012, 12:20 AM Reply Like
  • gwynfryn
    , contributor
    Comments (6458) | Send Message
    Yes, agreed, it's hard for me to see how click rate on FB will translate into actual sales. If it turns out they don't, in the required numbers, then GM will be just the first of many to pull out, and the end will be nigh!


    What would FB shares be worth if it turns out to be nothing but a social network?
    7 Dec 2012, 09:44 AM Reply Like
  • gmmpa
    , contributor
    Comments (672) | Send Message
    Just reviewing past thoughts to see if my thinking has changed.
    Still long Google. Have re-balanced the position at 1100 and went long Apple at 420 with the proceeds. In retrospect should have sold Apple at 570. I got a tad greedy but still long both and happy with both positions. Like Google more as a core position. I will take some profits in Apple at 650 or after I see what Apple does with its current $160 billion cash balance. I may stay long if Cook shows a good hand or at least two pair with aces high. Still no idea what Cook is thinking. China mobile seems like a dude. He needs to rethink his marketing strategy in the Chinese culture.
    Still don't like Facebook.
    28 Jan 2014, 03:27 PM Reply Like
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