Facebook posts record $6.9 billion profit amid privacy scandals

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Facebook's endless PR crises don't appear to be hurting its bottom line. The company posted a record $6.9 billion profit for the final three months of 2018 -- a jump of 61% from the same period a year earlier.

 

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Their numbers are up because of all the accounts that get a 30 day ban. The people in turn create alternate accounts. This is not rocket surgery.

We love to post!

Chinese door

Facebook can pay for the caravans coming here and for a wall.

How is this possible? Are people really that dumb or is fb drowning in bots?

Market fundamentals are strong; more Americans working than ever before & paying taxes & spending big. VISA reports record transactions yesterday. Consumer confidence strong.

Does that mean they will give 70% of their income to to people cuz the liberal dems say so?

Gee, enough to pay for a wall and some left over!

MONEYTIZING FOX NEWS

Miy Giving Nalihng he (: hah

👩‍💻👍👍👍👍👍

How can I exploit the personal relationships of human beings to monetise creepy advertising and vile politics?

Wow 😮

Misinformation

🤦🏻‍♂️

And how much UK tax are they paying?

Use that 6.9 Billion for the wall

Stockholders are probably saying, 'screw it, we don't care whose data you sell ... sell more'

CNN maybe G-d wants Donald Trump as president to expose all the lies, homophobia, anti Semitic, racist world we’ve become so we can all wake up & be more living and compassionate humans!

Yeah they don’t need to pay taxes

Why

Wowsers,idiots paying thru the nose to have every facet of their lives spied upon,recorded,and invaded. What a bunch of maroons.

Great. Helps the poor starving freezing citizens, a lot! Thanks for the good news. Really warms my heart. Anyone seen Ruth lately? She might be frozen.

Half of that profit was from russian cyber criminals. Time to replace the statue of liberty with a 'For Sale' sign. MAGA (LOL)

Nice.

Omg they can build the wall!!

All Russian investments

I guess our info that facebook sells really is worth something. DeleteFacebook

MAGA

That government intelligence contractor money can really lift a company out of the red huh?

Russian Donations?

I am taking a break now and will delete my Facebook. I was hacked by Cambridge Analytica in 2016. Have heard from multiple people “App” listens for key words when app not closed and phone near by. So Facebook makes money and we lose privacy. They love our stupidity

Glad to know that my privacy was so profitable.

Never forget: just because the guys (and they are almost exclusively guys) in Silicon Valley don't wear ties, they're still only bankers.

In the Business of SELLING OUT users Privacy: and the selling of PRIVACY-Business is A BOOMING!

thats it?

When you signed up for a Facebook account, what did you think was going to happen Did you think they were going to make billions by just letting you post pictures of your cat?

Love this!

Baby pop iv

Maybe Facebook should build the wall.

So Russia paid up.

Hey facebook: What’s the 🇷🇺exchange rate on betraying your country?

Baby pop iii

How much of that was originally in rubles?

And it gets worse every day

Speaking as a local legislative candidate, you're welcome for those advertising dollars for post boosts, FB!

When Soros is a pumpin Watch out for the dumpin Facebook is dying. Everyone know this.

So who'd they sell all the data to this time?

All thanks to selling our information

Baby pop ii

Sucking up people's data and selling it off to any scumbag with a bank account still earns the big bucks!

Supernormal Profits. This company needs to be broken up, They are corrupting politics, There is no justification for its continued existence. Alas only the EU are likely to do anything about it at least until the Orange Abomination is ditched.

All that profit is ad revenue that used to support journalism. Now all we're left with is surrendering to the world view of our feudal lord, Mark Zuckerberg.

👍

No way dude haven’t been on facebook since middle school this has to be fake news

My Point! Rich don't want an Harris or an Senator speaking for the middle-class, the poor a change is coming! taxchange for the Rich and MegaChurches AOC Trump did that!!!! Stop the MoneyTrain of Clowns 🤡

nice

So, how do you sustain a business model in which users don’t pay for your service?

That woman called KadariaAhmed is working for the APCNigeria but thank God atiku and PeterObi were able to defend themselves. She was sponsored by the APCNigeria. Look at how rude she was to them and to the audience

What are they going to do with that? New hoodie for the boss? Pay their employees a massive bonus? Fund social media addiction rehabilitation and research? Build rocket program?

nice

Perhaps they could start spending a few bucks towards protecting our data and the legitimacy of the content they allow on their platform.

Facebook is evil.

wow. our information is so valuable

Once again internet bitching doesn’t mean shit

Wow!!

Well damn

all that fake news

Glad I kept my stock 👍

But where did it post that profit?

Nice

Heyo, facebook. Let me hold about $100k

CambridgeAnalytica

nice

Whatever, they allowed so many Russian fake accounts to continue while making money. Facebook is a complicit to intefere in our elections.

America’s liberty blood money.

nice

Who knew my data was worth so much

People still use Facebook? Seriously? How many people use their FB on a daily basis? I’m curious.

nice

Great :)

Nice.

My god!

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