Profitability of foreign media over the same growing Facebook Google

Beijing January 20, according to foreign media reports, during the past two years, Silicon Valley technology industry has been thinking about this question: Facebook will become the next Google it? Facebook released to potential investors from the limited financial data, it asics mexico is likely to be the next Google. To potential investors, according to Goldman Sachs 1.5 billion sale of stock provided by the private Facebook a document showing that business is now 7 years Facebook has a very strong profitability. According to documents provided by Goldman Sachs, said, Facebook in the first three quarters of last year, operating profit margin of about 48%. Contrast, has been sought after by asics tiger investors, Google IPO market in 2004, before the first public announcement of its financial results, operating profit margin of about 40%. Citigroup analyst Mark Mahaney (Mark Mahaney), said in an interview: "Facebook is now the financial situation with Google in 2004 is very similar financial situation." Mahaney said the disclosure from Facebook and other data, it is with the IPO before the listing is very similar to Google, such as Facebook and then Google the same growth rate far exceeds the annual income of 100%. According to documents provided by Goldman Sachs shows that in the first nine months of last year, Facebook's revenue reached 1.2 billion U.S. dollars, a year earlier to 4.5 billion dollars over the same period by nearly 180%. Year, Facebook's net profit soared from less than 50 million U.S. dollars to 3.5 billion U.S. dollars. Facebook IPO market as yet, so it provides the financial data are unaudited data. asics onitsuka Google now has annual revenues of more than 20 billion U.S. dollars, in August 2004 before the IPO market, which in 2004 first half-year revenue growth of 140%. Facebook documents provided at Goldman Sachs to potential investors that the company plans for the next step is either listed, or number of shareholders increases because of forced disclosure of all financial data. Facebook spokesman declined to comment on. Facebook users now total more than 5 million people, most of its revenue primarily from online advertising. Documents provided at Goldman Sachs, Facebook claims that it had cash and cash equivalent assets of more than 10 billion dollars. In contrast, Google listed in 2004, before the IPO had cash and cash equivalent assets of approximately 5.5 billion U.S. dollars. Financial data from the above comparison of the limited point of view, Facebook's profitability is clearly higher than the same period the growth of Google, but industry analysts think it's that high profitability is difficult to be maintained. Although Google's operating margin has remained relatively stable level, but it is a competitor in the online advertising market, Yahoo has been in the efforts to maintain asics onitsuka tiger profitability. Yahoo CEO Bartz has been undertaken to ensure that the company's 2013 operating profit margin from the current 12% to 24%.