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Facebook eats at the Occulus Rift, leaves $2b tip


Izuno

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I wonder what FB want to do with this exactly? Can I view my FB wall in full 3D? Fuck it really is taking over now.

 

The intention is way beyond gaming. In fact, the gaming aspect of it was probably a rounding error in the analysis inside FB that resulted in the buy decision.

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How much fucking money facebook has that it keeps buying shit left and right for BILLIONS of dollars?

Fake money, aka facebook shares. Don't think the company has actually turned a profit yet

facebook makes a profit.

 

 

 

https://www.google.com/finance?q=NASDAQ:FB&fstype=ii

 

Facebook has been getting more profitable each quarter.  Diluted EPS has gone from $.03/share to $.20/share in a year.

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How much fucking money facebook has that it keeps buying shit left and right for BILLIONS of dollars?

 

It's actually 400 million in cash. Rest is stock.

 

True.  And that stock isn't exactly worthless.

 

 

yeah not saying it's worthless but it's definitely worth less than pure cash.  (edit) There's most likely some period of time they won't be able to sell the stock.

Edited by AlexM
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