Facebook and their Billion Customers
Posted at by PConran on category FinanceWell, they’ve done it. Facebook now has over 1 billion people using their site each month, with over half of that number (552 million) logging onto Facebook every day. Now, I know that 1 billion doesn’t sound like a lot in today’s world of $1 Trillion annual budget deficits, but in this case, 1 billion is equal to 1 out of every 7 people in the entire world! That’s right, 1 of every 7 people in the world are using Facebook each month.
What Are The Numbers
Here are a few interesting statistics that come out of this:
~ Facebook now has 600 million cellular users
~ The median age of Facebook users is 22 (does every kid on the planet have a page??)
~ At the time Facebook crossed the 1 Billion threshold, the top five countries where people used the site were: Brazil, India, Indonesia, Mexico, and the U.S. (China hasn’t even made a splash yet!)
~ Since Facebook launched in 2004, it’s seen over 1.13 trillion “likes,” 219 billion uploaded photos, and 17 billion location-tagged posts, including check-ins
Now, you may believe that Facebook as a stock is really a “BUY” or perhaps you may believe it’s a “SELL.” I don’t have an opinion on that right now; but here’s what I do know for sure.
Facebook and the World of Tomorrow
Facebook has access to 1/7th of the world’s population. You can bet the farm that eventually, somebody will work out how to turn that access into enormous revenues. It could be sooner, or it may be later, and it may not be the current owners or management of the company. But at some point, someone WILL figure it out and when that happens, look out!
Matt Golab
Matt is an Investment Advisor Representative and the Chief Advisor of Aaron Matthews Financial Resources headquartered in Elk Grove, CA.
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