According to Michael Arrington, Founder of TechCrunch, Facebook is going to be more profitable than Amazon this year because of its high profit margin (50%), and high revenues growth. Amazon will have around $40B in revenues while Facebook will have around $4B in 2011, but both will have around $2B in profits. Market valuations are $107B for Amazon and $75B for Facebook.
Zynga, the online game company will make its IPO in the coming weeks. It is still very dependant on the business model of Facebook. Zynga has right now a $11.7B private market valuation.
Source:
http://uncrunched.com/2011/10/24/facebook-will-probably-be-more-profitable-than-amazon-this-year/
Louis Rhéaume
Infocom Inbtelligence
louis@infocomintelligence.com
Twitter: @InfocomAnalysis
A blog on the convergence of info-communications industries: communications, computing, electronics, entertainment, publications and education. Strategic, technological and financial analysis. English and French blog. Cette chronique traite de l’évolution des industries de l’information et des communications et couvre des aspects stratégiques, technologiques et financiers, comme l’économie du savoir et de l’innovation. L’auteur est Associé principal de Infocom Intelligence.
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