After the recent announcement of Facebook's official IPO, investors have pondered, "How Much is Facebook Worth?". When compared to other top companies in the computing era, Facebook has the potential to follow the footsteps of the like of Google, Microsoft, IBM, and Apple. As leader in their prospective field of computing, revenues range from 188 billion(Google) - 424 Billion (Apple).
You're probably wondering, how can Facebook can be compared to such large computing firms when it barley has a track record? We must keep in mind that Apple leads the industry with almost 430 Billion in revenues. Apple has also transformed from strictly a computing firm to the world leader in mobile and hand-held devices. Their highest selling devices are the Ipad, Iphone, and the Ipod. Facebook is the leader in social media worldwide and is readily accessible as apps on the top selling mobile devices in the world. Just by sheer numbers, Facebooks can sell ads and piggy back off of Apples success. I think Facebook will enter the billions but has no chance in passing the likes of Apple, Microsoft IBM or even Google. The big unknown for Facebook is longevity. There's no way to tell how long the Facebook fad will last. It could last twenty more years or three, depending on what new for of social media will take the reins. Who knows, maybe I will make that my next tweet.
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