Facebook is Worlds largest Social Media Network. After Google, Youtube the next biggest internet portal in the world is Facebook. Currently in 2019 it has 2.39 Billion active users per month. Whatsup and Instagram companies are acquired by Facebook.
FaceBook - Quarterly Results - Revenue and Profits - in Billion USD
FaceBook Annual Results - Revenue and Net Income - in Billion USD:
Facebook is just a Social Networking Site. It will not sell physical products like Apple company. It will not provide services like Google without which life becomes tough. As a Social Networking site it is great but there is another professional social network Linkedin and Micro Blogging Social Network Twitter and Google Plus from Google. So other than home used products rest of the products advertisement will be better on Linkedin or Google. In my opinion, Facebook and Youtube will fall in one bucket.
Facebook company should start a email service similar to Gmail to withstand customers in long term. Email Verification will be frequent done action from anyone. So if they able to integrate in proper way this will help to gain customers and more important is it will reduce the Facebook customers to go away from Facebook. Google will be biggest competitor for Facebook in long term as all profiles are there with Google already. Just proper switch or trigger from Google will make to gain a part of share from Facebook.
FaceBook had 2.50 billion active users per month as on Q4 ending in Dec-2019.
Active users per day stands at 1.66 Billion active users per day.
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