December 18, 2012 keith

Facebooks Wild Year ends on a Higher Note

Well it’s been quite a year for Facebook and one with many ups and plenty of downs. facebook

Earlier in the year they had what had to be one of the most anticipated new stock offerings in years. After going public their stock really did anything but impress and please the investors who gobbled it up at first.

But now as 2012 is coming to a close the stock price has somewhat bounced back and at least stabilizing. One thing that may help sooth investors and continue to keep hopes up is that they just recently hit 1 billion in Facebook users.

CEO Mark Zuckerberg can now tout that one-seventh of the world is a Facebook member. The median age of a Facebook user is 22, with the highest concentration of users in the U.S, Mexico, Indonesia, Brazil, and India.

There are some other fun facts like there have been 1.13 trillion “likes” since that feature was first launched in 2009. Even more impressive is that 219 billion uploaded photo’s have made their way for members to view.

Even with other companies trying to steal some of Facebook’s magic have really fell flat on their face: just look at Google’s “Google+” when was the last time you have even heard of anyone using it or talking about it?

It will be interesting to see how much more Facebook can grow in terms of users and it’s stock price.

 

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