Facebook

With Facebook impressive results and rising stock by 30%, many investors want to be contact with the company if the company maintains its growth perfectly with Q3 2014 earnings. 

In the second quarter company posted 61% revenue growth while in the third quarter it is expecting that the company will give solid results. The company improved its ad products and mainly will focus on its mobile devices.

Facebook is a social media site and now has used over 1.3 billion users that is the one fifth part of total population in the world. It drives up to 20 percent of traffic to news sites, according to figures from the analytics company SimpleReach. Mr. Greg Marra, a facebook engineer design the code that develops facebook’s news feed.        

“People won’t type in WashingtonPost.com anymore,” Ms. Haik said. “It’s search and social.” 

Facebook is a place where you can chat with other minded people who are around you. The other main feature of this app is that there is no need to use your real name; you have freedom to use any name you would like. 

We forecast Facebook’s revenue and EBITDA to grow meaningfully from $7.9 billion and $4.9 billion in 2013 to over $42 billion and $30 billion by the end of our forecast horizon (i.e 2021) in our model. The growth rose by 118% and 123% during the first two quarters.