Many people love it and the best brokers for stock trading have to have it!
There’s no doubt that Facebook is one of the world’s social media giants. Its far-reaching presence now influences the lives and preferences of millions of people across the globe.
The company could be said to have made a revolution in social interaction since its inception back in 2004.
It has helped businesses grow, provided people with new ways of interaction and self-expression, and sustained its presence and importance to this present day.
The following will be an overview of Facebook’s performance at the end of 2018. We’ll begin with what’s probably the most relevant information to investor and traders.
If your main investment interests are dedicated to forex currency trading or commodity trading, then you should probably have a go for company stocks (Facebook’s in our case). Why? Please read on.
1) Facebook’s stock price: an all-time increase of 683.4%
The older historical price provided on Facebook’s Investor page dates back to 25 April 2013. Back then, FB’s stock price was at $27.77. Since 2013, its value witnessed a steady rise to $131.09 on 31 December 2018, with its all-time-high having reached $217.50 on 25 July 2018.
2) Income that’ll make your head spin
Compared to 2016 revenue statistics which reached $8.80 billion (that’s $8,800,000,000), there has been quite a significant increase in revenue in the 2018 year-end results, which amounted to $16.91 billion. That’s a difference of $8.11 billion is just two years (92.15% increase).
As for net income, Facebook witnessed an increase of 94.28% in net income when compared to that of 2016. December’s 2018 net income amounted to around $6.8 billion and $3.5 billion in December 2016.
3) Around one-third of the world browses Facebook
The world’s population is estimated to 7.2 billion people. This means that on 31 December 2018, Facebook had around 32.2% of the world’s citizens as monthly active users, which is the equivalent of 2.32 billion people, according to statistics published by Facebook.
On the other hand, there were around 1.52 billion daily active users on Facebook on average for December 2018.
Facebook is still growing, and let’s not forget its two most famous subsidiaries: Whatsapp and Instagram. Based on Statista’s estimations, the former has more than 1.2 billion monthly active users while the latter has around 1 billion.
Although facts don’t often speak for themselves, but the figures shown give an indication that Facebook has more to offer to both users and investors.
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