Quote:
Originally Posted by $5 submissions
Apple's CEO made an interesting comment lately that got people thinking about the unthinkable-Apple buying Facebook.
Facebook's rumored to be working on its own smartphone project with HTC
Apple's been trying to get out from under the threat posed by Android
Google Plus is making some inroads on Facebook
Both players are feeling some competitive pressure. By buying out Facebook, Apple gets a massive loyal network that feeds content via its devices.
Apple has the share price to do this....
But the problems are huge: 50% of FB's traffic comes in from mobiles... and there are no ads on FB's mobile version. Huge revenue hole. I am not sure an Apple buyout would necessarily fix this. Also, FB has fixed costs per user regardless of WHERE that user comes from-users from ad rich countries subsidize users from low ad value countries.
Cook's comment and more details here: http://news.cnet.com/8301-17852_3-57...ook-love-fest/
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FB was stupid on their mobile, boy did they blow a gold mine.
They should have had all games free on PC FB and then if you want to play via mobile or iPad, pay version. Words with Friends would have made quite a pretty penny.