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Here is a take. FB seems to be doing pretty well:

a. Both DAU and MAU continue to grow. FB now has 2.7B MAU and 1.8B DAU. Combining across all their products (WhatsApp, Insta..) the DAP is 2.54B

b. Ads is the source of income and FB makes $39.6 per user in the US&CA and $7.89 avg. world wide

c. Operating expenses are kind of stabilizing which is a good thing for FB.

The presentation is a good easy read. I like how FB define the metrics like DAP etc.

>Combining across all their products (WhatsApp, Insta..) the DAP is 2.54B

Incredible, a third of the world uses a Zuckerburg product every single day.

Gets even crazier when you subtract China's population from that because they can't access FB there!

Wow so 1/3 off all people on earth use at least one FB product every day.

Yep, and if you think about the lack of access to China's population, they are almost at like 1/2 of their "addressable" market!!

The $39.6 per US/CA user is per quarter, correct?

Is that "Too Long Didn't Listen" or "Too Lazy Didn't Listen"?

Serious question. I'm also in the boat of I'm usually in a position to read something, far less commonly in a position to listen to something.

Yea, I looked at the PDF, but I was asking for a summary, which I got. Thanks.

Still profitable.