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A comment on FTC Probing Facebook for Use of Personal Data, Source Says. Parent comment

Re:FTC Probing Facebook for Use of Personal Data, Source Says by Denzel on Tuesday March 20, 2018 @05:15PM (#16632740)
I'm not sure I follow your math. Facebook had the following figures at the close of 2017 per https://investor.fb.com/investor-news/press-release-details/...:

Earnings (Q4 2017): $4B

Earnings (Y2017): $16B

Revenue (Q4 2017): $13B

Revenue (Y2017): $40B

So, maybe you're confusing revenue with earnings (net income) and a quarter (3 months) with the entire year (12 months). Because $90B is over 20x FB's Q4 2017 earnings and over 5x their entire 2017 earnings.

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Re:FTC Probing Facebook for Use of Personal Data, Source Says by crowbahr on Tuesday March 20, 2018 @08:11PM (#16634055)
I messed up.

I saw their Q4 revenue statement and read the year end 40B as the Q4 revenue.

My bad.

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