Quote:
Originally Posted by MindBomber
My prediction on FB's IPO.
It'll open at $62, have a 52 week high in the $70-82 range, and settle to between $38-45 in one year. Social media is fickle, and unlike Google, Facebook has not shown an ability to expand it's revenue stream beyond advertising.
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Even Google is unable to expand its revenue beyond advertising.
Android and Youtube are only doing so much.
Unlike Apple most of these Tech companies only have 1 revenue stream.
Apple has what? ipod, iphone, ipad, macs, itunes, sooner or later...something tv or something that will be part of our lives.