Facebook is set at $38 with a valuation of $104 billion. I have been telling people to put a little money away every paycheck just so they can buy this stock. Yes, Facebook is not Google. In that it’s pretty money focused regardless how it affects it’s users. This thing is going to make money. The only question is how much money will it make.
Opens at $42 down to $39
8:56am ET May 18, 2012 (Dow Jones)
Registration Effectiveness Orders Issued By The SEC
The following table includes registration statements and post-effective amendments that were declared effective by the Securities and Exchange Commission on the most recently completed business day.
The Securities Act of 1933 requires companies offering securities to file a registration statement with the SEC that discloses material facts for investors. The SEC staff reviews registration statements and declares them “effective” if companies satisfy the disclosure rules.REGISTRATIONS EFFECTIVE AS OF May 17, 2012IPO:
Facebook, Inc. (FB)
File Number: 333-179287
Date of Original Registration: 2/1/2012
Form Type: S-1
Securities Registered: $5,000,000,000 in Shares Of Common Stock
Selling Holder: Yes
The Walt Disney Studios who owns Marvel; announced that “The Avengers” made $200.3 million in its domestic debut May 4-6. The movie Hulk Smashed previous records to become the highest-grossing domestic debut of all time. The global box office gross for the film is an estimated $641.8 million over 12 days in release.
The film had second highest single day of all time at $80.5 million and the highest Saturday’s box office gross of all time with $69.7 million. Not only is this movie making money hand over fist but its actually a very good movie. Critics gave it a perfect A+ CinemaScore. Marvel’s The Avengers is good enough for the fanboys and well written enough for any age to enjoy.
It’s not just the America that is love with the Avengers. Internationally it had the biggest Marvel opening weekend ever in Russia with $17.9 million, China with $17.4 million. The biggest opening weekend of all time in Mexico, Brazil, Argentina, Ecuador, Peru, Central America, Bolivia, Hong Kong, Malaysia, New Zealand, and Philippines
The film’s success only means one thing, sequels. Lots of money making sequels. The following films have them on the way; Captain America is due April 4, 2014. Thor in 2013, and Iron Man on May 3, 2013. I’m sure Walt Disney Studios is glad the scooped up Marvel.… Read the rest
Couldn’t get a ticket to Apple’s Worldwide Developer Conference? Try the Indie Developer Labs event
Apple’s Worldwide Developer Conference sold out before some people even knew the tickets were up for sale. One guy even offered to change his name if he could get a ticket. I love Apple but I would not go that far. However I would consider going to an alternative. Indie Developer Labs is that alternative. The organizers said “Indie Developer Labs is an open area where developers are provided with space to work, free Wi-Fi, and an open environment to connect with other developers. Our mission is to help foster the collaborative spirit of the Apple developer community. It is a place to help the developer community have a place to collaborate during WWDC.”
The organizers are Kyle Kinkade, Craig Fox and Nate True. They are will also have a hackathon event. That may draw developers from Jailbreak community. Cydia has always been their home so this may be a way for them to showcase their new apps like Apple showcase a new version of iOS. The Indie Developer Labs event will take place from June 12th to June 15th in San Francisco. Whats more it will be in Moscone Center which is very close to where WWDC is held.… Read the rest
Your iPhone may never break again thanks to BuffLabs
For anyone that has drooped their iPhone this new product is for you. It is more than a protective shield as this thing can literally take a brick. Buff Labs’ transparent film for iPhone take more impact than most cases. They show it being tugged by a skateboard, hit by a hammer, jabbed by a screwdriver and yes, even a brick. Buff Labs screen protector has four layers. They are called air the bubble-releasing silicon adhesive layer, a stretch resistant later, a shock dispersive cushioning layer, and a shock absorptive cushioning layer.
Buff Labs is a new company so these protectors are not in stores just yet. Buff Labs is based in Asia so it is going to take a while for them to setup production. At the moment the only way to get one is if you are brave enough to venture into the eBay. The price tag is something like $30 to $45 per shield protector. I’m going to have to hold off until I can get this in the store or a review copy.… Read the rest
Facebook IPO: What is in the S-1 to convice you its a good buy?
Facebook’s IPO is going to be as big if not bigger than Google was a few years ago. The S-1 filling document is a very lengthy dry read that most people will skip. We are not most people. The S1 was very insightful. For one thing we don’t have to wonder if Zuck would still be in charge. He will have the most votes based on his type of stock. The shares will be split into “A” and “B” shares, where the latter get 10 votes per share, and the former get one. Zuckerberg presently owns around 28.2% of the share capital.
Facebook had revenues of $3.7bn and had an operating income of $1.7bn.
They had 845 million active users and the numbers are still growing.
Saying Facebook depends on advertising is a common sense but what surprised us is that it only accounts for 85% of the revenue. The rest comes from in-app purchases.
Zynga is almost as important as Mark is for the company. In 2011, they were 12% of Facebook’s revenue. Facebook wrote in that “If the use of Zynga games on our Platform declines, if Zynga launches games on or migrates games to competing platforms, or if we fail to maintain good relations with Zynga, we may lose Zynga as a significant Platform developer and our financial results may be adversely affected.”
The mobile version of the site had 425 million monthly active users in December 2011.… Read the rest
Google’s Chrome browser is now the most popular browser in the world according to StatCounter. Google Chrome reached a total global market share of 23.6% compared to Microsoft’s Internet Explorer 8 market share of 23.5%. Side Note: Internet Explorer still has the largest global market share if you combine all versions of the browser.
“Google announced Chrome for business exactly a year ago and IT administrators appear to have embraced it in a remarkably short time,” commented Aodhan Cullen, CEO, StatCounter. “Looking at the daily stats, Chrome 14 and 15 have been overtaking IE8 at weekends since the beginning of October. However, Chrome 15 overtook IE8 for the first time during the five day working week, in week commencing 5th December. It looks as if people favour Chrome on weekends at home but office commercial use has now caught up.”
StatCounter Global Stats are based on aggregate data collected on a sample exceeding 15 billion page views per month (4 billion from the US) from the StatCounter network of more than three million websites.
Now that is all great for the browser but Google is not making a dent in the all important operating system market. The Chrome OS has failed to gather any steam after the initial buzz of the CR-48.… Read the rest