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.

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dkgshiz2062d 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.