Sunday, June 3, 2012

Facebook is Going to Be OK




COMMENTARY | From a certain perspective, it is pretty easy to see why millions of Facebook users should be concerned about the social network. As Bloomberg reports, Facebook's stock is down almost 30 percent from the IPO price, and a falling stock price is never a good sign for a company. But any worries that Facebook could be in danger of vanishing from the vast Internet landscape are greatly exaggerated.



CNET reported the CNBC/Associated Press poll that revealed half of all respondents believe Facebook is a fad is not really a reason to worry because that means the rest of the people believe in the social media site or are not ready to make judgment.



According to Yahoo News, Facebook could change into another form because websites with close to a billion users just do not suddenly vanish. Perhaps the biggest threat to Facebook is another social media company. Eweek.com reports daily use of Twitter has quadrupled since 2010, which is widely associated with the explosive growth seen in smartphones and tablet computers. Twitter is situated perfectly for use with mobile devices.



Early in May, Reuters reported Facebook was going to make mobile users a priority, which means the company gets what is going on. The release of the new Facebook Camera app is a sign the social network is trying to increase its appeal to the mobile users by simplifying picture sharing, according to the Washington Post.



The short of everything is pretty simple: Facebook might have a falling stock price, but so do a lot of companies. The king of social media is under some pressure, that much is clear, but it also has enough talent under its roof to change gears, it just depends on how the users accept those changes.



Source & Image : Yahoo

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