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Facebook profits plunge despite soaring revenues, did this company’s fortunes peak in its IPO?

Posted on 01 February 2013 with no comments from readers

Investors who bought into the hype of the Facebook IPO have learnt a painful lesson. But the company itself always looked viable. Now Facebook has soaring revenues but declining profits. Is this a temporary development phase or a sign of a deeper malaise in this business model?

Tech companies can go from industry star to industry flop in years. That is what makes them a very tricky long-term investment. ArabianMoney warned that ‘only a moron’ would buy the IPO and got that very right. Bloomberg News’ Brian Womack discusses Facebook’s latest earnings…

Posted on 01 February 2013 Categories: US Stocks, Video Channel

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