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Facebook's earnings rise. Investors worry – as usual

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Investors are worriers. No matter how well a stock they own is performing, they always seem to see possible black clouds in the future. Find out what's worrying Facebook investors despite excellent earnings. 

Investors are worriers. No matter how well a stock they own is performing, they always seem to see possible black clouds in the future.

Facebook has had a very good year, proving the worriers wrong that the company can't sell advertisements on mobile devices. But now another worry is on the horizon. Read to find out what it is. Also look at its earnings for the past quarter and it's current stock price. Do you want to buy?

Facebook delivers stronger-than-expected earnings, announcing a profit of $425 million compared with a loss a year earlier. Advertising on mobile devices was a big reason behind the gain. AFP

Facebook profit up but teens could be losing interest

By Glenn Chapman (AFP)

San Francisco — Facebook shares spiked on Wednesday with stellar earnings results, but plummeted back down on word teenagers may be falling out of love with the social network.

The world's leading online social network reported profit of $425 million in the quarter that ended on September 30, compared with a loss a year earlier. The earnings figures showed soaring advertising revenue, nearly half of it from smartphones or tablet computers.

Facebook shares leapt about 15 percent and remained aloft until chief financial officer David Ebersman mentioned in an earnings call that internal analytics indicate decreased use of the social network by "younger teens."

"Our best analytics shows use by US teens overall stable, but a decrease in use by younger teens," Ebersman said.

Shares dropped back near the trading day closing price of $49.01 after the earnings call.

"That would probably do it," independent Silicon Valley analyst Rob Enderle said of share price suffering due to fears it is losing the devotion of teenagers.

"That market is incredibly fickle," he continued. "You don't want to see a trend that kids no longer think Facebook is the place to be; that it is now their dads' service."

The notion that Facebook is falling out of favour with a budding generation prompts worry about the company's future earnings potential no matter what fiscal guidance executives provide.

The third quarter results for the California-based firm were well ahead of most forecasts, with revenues rising sharply to $2.016 billion, prompting a leap in shares in after-hours trade.

The number of people who use the social network daily in the quarter was 728 million in a 25 percent increase from the same quarter a year earlier, according to Facebook.

About 1.19 billion people used Facebook monthly in a rise of 18 percent from the same period in 2012, the company reported.

Meanwhile, the ranks of Facebook members connecting to the social network with mobile devices at least once a month soared 45 percent to 874 million people.

On average, more than a half-billion people daily accessed Facebook using smartphones or tablets, according to the earnings report.

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Vocabulary:

access: to reach, enter or use something - เข้า, ใช้

advertisement: advert; a short piece of video or words with pictures that makes people interesting in buying some product - การโฆษณา

advertising: telling the public about a product or a service, political candidate, etc. in order to encourage people to buy, use or support it - การโฆษณา

aloft: in the air - เบื้องบน

analyst: a person whose job involves examining facts or materials in order to give an opinion on them - นักวิเคราะห์

analytics: the discovery and communication of meaningful patterns in large amounts of information - วิเคราะห์วิทยา

budding: beginning to develop or become successful - การผลิดอก, แตกใบ, เริ่มผลิ

current: of the present time - ปัจจุบัน

decrease: to become less - ลดลง, น้อยลง

device: a machine or piece of equipment that does a particular job - อุปกรณ์ เครื่องมือ เครื่องจักร

devotion: great love, care and support for somebody/something - การอุทิศตัว,การใส่ใจ

due to: because of - เนื่องจาก

earnings: the profit that a company makes - กำไร, ผลกำไร, รายได้

executive: a senior manager in a business or other organisation - ผู้บริหาร

favour: showing that someone likes or approves of someone or something - เป็นที่ชื่นชอบ, เห็นด้วย

fickle: changing often and suddenly - แปรปรวน, ซึ่งไม่แน่นอน

figure: a number representing a particular amount, especially one given in official information - ตัวเลข, จำนวนเลข

financial: involving money - เกี่ยวกับเงิน, ทางการเงิน

fiscal: connected with a budget; connected with the government budget, i.e., public money - เกี่ยวกับงบประมาณ

forecast: a statement about what will happen in the future based on information available now - การพยากรณ์, การคาดการณ์

gain: an increase in the amount of something, especially in wealth or weight - จำนวนที่เพิ่มขึ้น

generation: a group of people in society who are born and live around the same time - รุ่น (คนรุ่นต่างๆ)

guidance: help and advice about how to do something or about how to deal with problems - การแนะแนว, การแนะนำ

incredibly: in a way that is difficult to believe - อย่างไม่น่าเชื่อ

independent: not connected with or influenced by something; not connected with each other - ซึ่งเป็นอิสระ, ไม่ขึ้นกับใคร

indicate: to show that something is true, exists or will happen - แสดง, ทำให้รู้

internal: existing or happening inside a person, object, organisation, place or country - ภายใน

investor: a person or organization that invests money, i.e., uses money with the aim of making a profit from it, for example by buying property or buying shares in a company - นักลงทุน

leapt (past of leap): made a large jump or sudden movement, usually from one place to another - กระโดด

mention: to refer to someone or something in speech or writing - กล่าวถึ, เอ่ยถึง, พูดถึง

mobile (technology): of devices, especially telecommunication devices, that can easily be moved around, e.g., mobile phones, tablets, notebook computers - อุปกรณ์ซึ่งเคลื่อนที่ได้ง่าย

no matter what: always true, whatever the situation is - ไม่ว่าในกรณีใด, มิไย

notion: belief or idea - ความคิด, ความเชื่อ, แนวคิด

on the horizon: imminent; expected to happen soon - ในไม่ช้า

overall: total; including all the things or people that are involved in a particular situation; general - ทั้งหมด, โดยทั่วไป

plummet: to fall suddenly; to suddenly become much lower - ตกฮวบลง

potential: possible in the future - ที่อาจเป็นไปได้

profit: money that you make from selling goods and services after all your costs have been paid - กำไร

prompt: to cause something to happen or be done - ก่อให้เกิด

provide: to give someone/ something that they want or need - จัดหาให้, จัดเตรียมไว้ให้

quarter: three months of the year on the official calendar of the government or companies -

ranks: all the people within a group, organization etc; a large group of people with something in common -

revenue: income from taxes or business activities - รายได้

sharply: quickly and by a large amount - สูงขึ้นอย่างรวดเร็ว

soaring: rising very quickly to a high level - พุ่งพรวดขึ้น

social network: websites or other services on the internet for communication with people who share your interests - เครือข่ายสังคม

spike: to increase suddenly พุ่งพรวดขึ้น - พุ่งพรวดขึ้น

stable: not changing frequently and not likely to suddenly become worse - คงที่, มั่นคง

stellar: excellent - แจ่มจรัส

stock: a share that somebody has bought in a company or business - หุ้น, หุ้นทุน

teenager: a person who is between the ages of 13-19 - บุคคลที่มีอายุระหว่าง 13-19 ปี, คนรุ่นหนุ่มรุ่นสาว, วัยรุ่น

trend: a gradual change or development that produces a particular result   - ทิศทาง แนวโน้ม

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