The problem is those numbers are easily faked|manipulated.
I agree with OP in the same way that I believe the story about the shoe shine boy and the stock market. It may not happen tomorrow, but facebook is not cool anymore.
I agree with OP in the same way that I believe the story about the shoe shine boy and the stock market. It may not happen tomorrow, but facebook is not cool anymore.
Revenue - 7.01B (up 59% YoY)
Net Income - 1.38B (up 166% YoY)
Additionally Facebook has gladly allowed obviously fake and spammy accounts on the site for ages.
Note also that nobody is claiming Facebook is a ghost town. Clearly a lot of people still use it. But it's not remotely cool any more. Most people I know who still have accounts think of it as a burden.