Is Facebook already more profitable than Amazon?

Summary: Facebook’s financial details may not be public, but estimates show it could already be more profitable than Amazon. Revenue is a different story.
How profitable is Facebook? Since the young company is still private, nobody knows for sure. Still, estimates indicate the social networking giant could already be pulling in more profits than the online retail giant Amazon. If it isn’t already, it will be by the end of the year, at least according to unofficial numbers.
Facebook’s revenue passed $1.6 billion in the first half of 2011 and saw around $800 million in operating income (although net income was reportedly just under $500 million). Uncrunched points to Amazon’s financials for the same time period: $322 million operating income in Q1 and $191 million operating income in Q2, or $513 million for the first half of 2011.
Palo Alto’s revenue and profit is rising at an estimated 50 percent clip every six months. In other words, $2 billion in operating income for 2011 is entirely possible.
It’s important to remember that revenue and profit are two completely different beasts. While Facebook may be passing Amazon in profit, it’s nowhere near when it comes to revenue. Amazon saw a total of $34 billion in revenue for 2010. Facebook’s revenue for last year is estimated to anywhere from less than $1 billion up to nearly $2 billion.

Read More >>
Bookmark and Share

1 comment:

  1. postingan yang bagus tentang Is Facebook already more profitable than Amazon?

    ReplyDelete

Related Posts with Thumbnails