Facebook to be worth $234 billion by 2015

Facebook to be worth $234 billion by 2015
Highlights
  • Facebook will have market value of $234 billion by 2015, up from its current valuation of $85 billion, according to an analysis by brokerage firm Wedbush Securities that analyzes the valuations of private companies.
Facebook will have market value of $234 billion by 2015, up from its current valuation of $85 billion, according to an analysis by brokerage firm Wedbush Securities that analyzes the valuations of private companies.

Wedbush Securities analyst Lou Kerner, who made this comment in a report last week, on what he called the 'Second Internet', says by 2015 Facebook will earn $11 billion on $22 billion and have a market value of $234 billion, Business Insider said Thursday.

"That makes the company's recent second market valuation of $85 billion look like a fine deal indeed,'' the business web site said.

In his earlier predictions in February 2010, Kerner had said that Facebook might be worth $100 billion by 2015.

But he now thinks Facebook's margins are better - around 50 percent - and that it will get a bigger share of the global advertisement market, according to the portal.

The analyst also believes "that other revenue sources - like Credits - will scale faster than he originally anticipated.''

Referring to the quick rise of companies as different as Facebook, Zynga, Twitter, The Huffington Post and Quora, the Wedbush Securities analysis says they are all players in the 'Second Internet'.

Because of the social nature of this rising internet companies, the analysis describes this phenomenon as the rise of the 'Social Internet.'

According to the report, only one technology company - Apple - has a current higher market cap of $321 billion than that predicted for Facebook by 2015.

Microsoft is currently valued at $213 billion.
Comments

For the latest tech news and reviews, follow Gadgets 360 on Twitter, Facebook, and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel.

The iPad 2 has been a boon to eBay
Indians tweet their hearts out

Related Stories

Share on Facebook Tweet Snapchat Share Reddit Comment
 
 

Advertisement

Advertisement

Advertisement

© Copyright Red Pixels Ventures Limited 2021. All rights reserved.
Listen to the latest songs, only on JioSaavn.com