Mike Isaac

Recent Posts by Mike Isaac

Facebook Tells Its Own Earnings Story, in Slides

Facebook’s Q2 earnings are in, and the company was nice enough to give us a guided tour of how it has fared this quarter.

Ad revenue was up 28 percent, to $992 million. Engagement is up across the board, with a 29 percent year-on-year increase in monthly active users to a high of 955 million, and a whopping 67 percent year-on-year increase in Mobile MAUs, now at 543 million.

Not enough for Wall Street, which wanted more: Shares of Facebook set a record low for the company, down approximately 10 percent and dipping below $25 per share in after-hours trading.

Check out the slides below to decide if you like what you see.

fb q2 deck


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work