HTF does facebook make a loss? HTF does facebook make a loss?
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    Default HTF does facebook make a loss?

    Facebook has reported a loss of $59m (£37m) despite seeing revenues rise 32% during the third quarter.

    The world's most popular online social network revealed that its income rose to $1.26bn, between July and September.

    The revenues exceeded expectations, but Facebook's performance remains in the red, following a loss of $157m in the previous quarter.


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    Are they just pnissing all the money up the wall on crap like instagram?

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    Facebook does not need to make a profit. It is there for another purpose. Just see who is running it
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    They've been spending a lot more on stuff like TV ads & mobile platforms. Also, one assumes doing an IPO is pretty expensive; especially in California the amount of lawyer-time will be astronomical. And of course FB is still growing in terms of staff.
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    But Facebook royalties LTPC (Limited Tax Paying Company) incorporated in Sunny Tax Haven made a Billion?

    its a web site, its not like they have lots of Brick & Mortar costs.

    shocked its only $1.26B
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    Quote Originally Posted by vetran View Post
    its a web site, its not like they have lots of Brick & Mortar costs.
    Except for vast datacentres. And fancy offices in the most expensive prime locations going.

    I mean Google is just a website but they built practically an entire town... I've driven down Google Avenue!
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    Quote Originally Posted by vetran View Post
    But Facebook royalties LTPC (Limited Tax Paying Company) incorporated in Sunny Tax Haven made a Billion?

    its a web site, its not like they have lots of Brick & Mortar costs.

    shocked its only $1.26B
    Yep, I reckon it's all a tax dodge. Someone somewhere sunny is making billions.
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    Quote Originally Posted by d000hg View Post
    Except for vast datacentres. And fancy offices in the most expensive prime locations going.

    I mean Google is just a website but they built practically an entire town... I've driven down Google Avenue!
    Google are making money, they need to get rid of it rather than pay tax, they don't actually need the assets to run the website, the data centres are all heavily subsidised by local tax incentives and cheaper than paying a third party.
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    Quote Originally Posted by d000hg View Post
    Except for vast datacentres. And fancy offices in the most expensive prime locations going.

    I mean Google is just a website but they built practically an entire town... I've driven down Google Avenue!

    I can make a website, which does exactly what Google does, in 2 days.

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    Quote Originally Posted by vetran View Post
    But Facebook royalties LTPC (Limited Tax Paying Company) incorporated in Sunny Tax Haven made a Billion?

    its a web site, its not like they have lots of Brick & Mortar costs.

    shocked its only $1.26B
    What about those massive data centres they have?

    They can't be cheap to run.
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    Quote Originally Posted by d000hg View Post
    I mean Google is just a website but they built practically an entire town... I've driven down Google Avenue!
    Why didn't you take a tour around the Googleplex?
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