2012 is not shaping up to be a good year for Facebook. There was its disaster of an IPO, of course. Also, a number of reports have been turning out that illustrate one or another of Facebook’s weaknesses. The latest is from comScore, which reported Facebook’s U.S. user numbers for May. Compared to its traffic in the previous two months, the site appears to have flatlined in terms of growth. In May, Facebook attracted 158.01 million unique visitors in the U.S. It posted nearly identical traffic for April and March — 158.69 million and 158.93 million, respectively.
I was astonished by the valuation given to FaceBook and would not be at all surprised if if fails to deliver financially. It is a great site that people love but they are online to catchup with friends/chat etc but not shop or search. Google's business model is much better....
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Is Facebook Flatlining?
Posted by: Erika Morphy June 23, 2012 05:00 AM2012 is not shaping up to be a good year for Facebook. There was its disaster of an IPO, of course. Also, a number of reports have been turning out that illustrate one or another of Facebook’s weaknesses. The latest is from comScore, which reported Facebook’s U.S. user numbers for May. Compared to its traffic in the previous two months, the site appears to have flatlined in terms of growth. In May, Facebook attracted 158.01 million unique visitors in the U.S. It posted nearly identical traffic for April and March — 158.69 million and 158.93 million, respectively.