You can spin it however you like but for the world's largest website, as you say, to earn $1.2-Billion in one quarter is a testament to the relative poor demand for its commercial services. Organizations are now literally being forced to spend money to promote their posts to the fans they spent money aggregating and while you are free to interpret Facebook's earnings however you wish (as in revenues growing because of more interest, and not forcing payment for exposure that was once free) the facts speak for themselves.
US advertisers are moving away from Facebook after its IPO in May. 80 per cent of advertisers now say that Facebook is less important to them than the rest of the web.
- http://www.zdnet.com...ipo-7000000258/
Dallas Mavericks owner and tech investor Mark Cuban says he’s moving away from advertising on Facebook, according to a report on readwrite.com.
Cuban is unhappy about changes Facebook made in September to an algorithm that determines which messages go to members. The changes have the effect of costing brands more money to get messages to people who already “like” them on Facebook.
- http://blogs.marketw...acebook-report/
For Zynga, it has come down to this: the market seems to have concluded that the company’s ongoing business is worth absolutely nothing.
This morning, with the stock down another 14 cents, or 4.8%, to $2.81 – a new all-time low – the social gaming company’s market cap has shriveled to $2.14 billion. (Recall that just over a year ago, there was talk that the company might be worth as much as $20 billion.)
- http://www.forbes.co...nothing-at-all/
Zynga is now worth $2.31 or $0.50 less than when the article above was written.
Google's last quarter earnings were in excess of $14-billion, btw.
And likewise ABC or HBO doesn't allow TV shows, or commercials that show graphic abortion medical procedures. I don't know why FB has to be held to some higher free-speech standard, they have every right to choose what their website features.
Facebook's clampdown has nothing to do with abortions. You may be interested in listening to the radio broadcast.