Filed under: Internet
Facebook Mobile has been rapidly expanding its reach, growing from 100 million users per month in February 2010 to 250 million users per month in March 2011. Should this type of growth continue, there could be upside to our intrinsic value estimate for Facebook, which we currently peg at $45.1 billion. Facebook competes with Google, Yahoo, Microsoft, AOL in the text and display advertising market as well as the search advertising market.
Continue reading Facebook Value Could Rise on Mobile Usage
Facebook Value Could Rise on Mobile Usage originally appeared on BloggingStocks on Fri, 08 Apr 2011 16:00:00 EST. Please see our terms for use of feeds.
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