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Mark Zuckerberg's social network has lost $ 125 billion in market capitalization, but its gross margin remains at 44%.
In just a few hours, $ 125 billion of capitalization has evaporated – the equivalent of the market value of IBM or four times that of Twitter. With Facebook, the proportions are often frightening. Mark Zuckerberg's social network has been severely punished by investors for reporting Wednesday (July 25th) signs of slowing growth in user numbers and turnover. The penalty is up to expectations, stratospheric.
Many people expected that Facebook continues to grow insolently, despite the controversy over personal data or fake news (false information) like Google. The firm of Mountain View (California) had indeed published the eve impressive results: $ 8.3 billion in net income for 32.2 billion in the second quarter, against "only" 3.5 billion and 26 billion a year earlier. Such a surplus allowed him to swallow in two months the historic $ 5 billion fine imposed by the European Commission for anti-competitive practices.
The figures published by Facebook for the second quarter still have enough to do Pale almost all businesses worldwide: a turnover up 42% to $ 13 billion, and a net profit up 31% to $ 5.1 billion. That is a gross margin of 44%.
Even the share price remains, at 173 dollars, close to what it was at the beginning of March, before the revelation of the scandal of undue exploitation of data by the British provider Cambridge Analytica. The title lost 20% in one evening, but it had reached its historic record a few hours earlier, at $ 217.5.
A slowdown in revenue is looming
However, investors have cause for concern. Some are related to the reproaches made to Facebook …
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