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Value Of Facebook May Be $100 Billion Next Year

facebook valueIt has become more evident that the popular social networking website Facebook is on way to make more than $2bn in 2011, pre-tax and interest, behind surpassing all expectations of advertising revenues which was set last year.

From several source on Facebook finances we have came to know that initially experts predicted its profit was growing at an accelerated rate to reach a valuation of $100 billion or more when it was publicized– a move which is estimated next year.

The estimation would lead Facebook to be one of the leading technology companies in the world, which will be more likely to overtake giants like online retailer Amazon. However, Facebook associates who disclosed the company’s present financial position has also cautioned that “assessing Facebook’s value is difficult because, besides objective matters such as earnings potential, much depends on market sentiment and the overall economic mood at the time of a public offering”.

 

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One Response to "Value Of Facebook May Be $100 Billion Next Year"

  1. If it did get valued at 100 billion, that would be quite a spike. I just don’t see how it is possible to be worth that much more in one year. With the race for technology on, is Facebook really making that much more of an effort to improve their net worth?
    Ava

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