Tag: value

Facebook is worth $227 billion to the globe

Posted on January 20, 2015 by - News

globe-museum03Social not working site Facebook is worth $227 billion worth to the world and created 4.5 million jobs in 2014.

A report from beancounters Deloitte & Touche, which was commissioned by Facebook, claimed that with 1.35 billion users of its Internet social network, Facebook  would rank as the world’s second-most populous nation if it were a country.

Deloitte & Touche based its figures on the businesses that maintain pages on  Facebook as well as the mobile apps and games that consumers play on Facebook and measures all the economic activity that result. It also considered the demand for gadgets and online connectivity services that are generated by Facebook.

Some of the cash, such as when a company advertises to customers on Facebook, can be directly attributed to Facebook. However, when consumers donated $100 million for research into amyotrophic lateral sclerosis during this summer’s Ice Bucket challenge, Facebook’s auto-play video ads were a key factor.

Facebook Chief Operating Officer Sheryl Sandberg claimed Facebook was helping create a new wave of small businesses in everything from fashion to fitness. She cited a group of young women in Bengaluru, India, who started a hair accessory business using Facebook and a mother in North Carolina who started the Lolly Wolly Doodle line of clothing, selling to customers through Facebook.

 

Microsoft now awarded number two slot

Posted on November 17, 2014 by - News

ToiletAwardMicrosoft is now the second most valuable company in the world, behind Apple after edging past Exxon Mobil in terms of market capitalization.

Exxon Mobil was neck and neck with Jobs Mob when Apple stuffed up their Apple Maps software. But Microsoft coming up and replacing Exxon is a little surprising.

Microsoft became a number two because their stock has had a particularly good run, especially in the past year that saw an increase of more than 40 percent since January.

Redmond now has an expensive market cap valuation of approximately $408 billion, which it uses to keep its little Voles snug in bed at night. This surpasses Exxon Mobil’s market capitalization of $402 billion.

Both of them are still pretty far behind the $670 billion market cap mark that is set by Apple, and while people are still dumb enough to buy bending phones which catch fire, there is no chance of Microsoft or Exxon catching up.

That is sort of the point. If the Apple Maps fiasco could temporarily put Exxon on top, then it is almost certain to happen again. So far, Apple has not come up with any new product that will keep it on top and its long-term outlook remains bleak.

Microsoft has similar problems; it desperately needs to establish itself in a new field. It could be, that in a few years’ time, we no longer have a tech company as the most valuable in the world.