Poof! $1 Billion Slashed From 2012 Facebook Revenue Forecast

Forbes : the No. 1 social network will just break $5 billion in revenues this year, with $4.2 billion coming from advertising and the rest from payments and other revenues. That’s down $1 billion from the research firm’s estimate from last February, several months before Facebook’s initial public offering in early May.

The story is too old to be commented.
dkgshiz1511d ago

This is what happens when you don't actually sell anything. Ad revenue works if the ads actually "show up". I think Facebook should back peddle and go back to being private if they want to survive.