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back to article Facebook Zucks up $2bn sales, record profit - but stock fell. What gives?

Facebook posted its results for yet another strong quarter on Wednesday, one in which the social network continued to gain both revenue and users, particularly from the all-important mobile market segment. Total revenues for Facebook's third quarter of fiscal 2013 were $2.02bn, a 60.3 per cent increase over the same period a …

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  1. FlatEarther

    Gravity always wins

    What gives is that the P/E is 213

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    1. Anonymous Coward
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      Anonymous Coward

      Re: Gravity always wins

      I would agree, but Amazon.

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      1. ratfox
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        Re: Gravity always wins

        Amazon is reinvesting its profits for growth, and is constantly looking for new business opportunities. Facebook on the other hand seems not to want to be more than a social network.

        As an example, Amazon has a line of tablets which sell quite well. Facebook offered a phone, kind of, and it did not sell.

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