Facebook Is Worth More Than ... - Interactive Feature
nytimes.com
nytimes.com
Lots of the companies referenced in the feature have stayed in their home market for a good reason.
Ford Motor Company: $38.4 billion
Public Storage: $23.6 billion
Whole Foods: $15.4 billion
Sara Lee: $12.4 billion
Campbell Soup: $10.7 billion
JetBlue: $1.2 billion
EarthLink: $897.4 million combined
I think this does a better job of showing that stock prices are about future expectations rather than current assets than just about anything else I could find. Just have Ford Motor Co. on here typifies that.The real question is whether it can possibly live up to that.
Things have the value people are willing to pay for them, and no matter what stock experts say this has imho nothing to do with actual values or assets a company might have. It maybe enough for some analysts to not understand your business model and your stock value drops way down. On the other hand, if analysts like it stocks go up. And that doesn't tell anything about the actual quality of your business model.
Equaly pointless but at least more entertaining were the list of what Apple could buy with its 100 bn in cash.
Interessting point in case: The soaring stock price of the german TV set maker (Loewe I think it was) after someone claimed they where about to de bought by Apple. Did the value of their assets change over night? No.
Now, FBs stock drops because people say they don't see any actual value behind and the stock was actually overvalued right from the start. Maybe it was I don't know. But nobody complains when stock drop because some banks say they don't belief in future prospects. So it seems to me the same people choose their arguments only to fit the current situation.
Not all of them of course, the really good ones (W. Buffet among others) act diffrently.
Why not just stick all of the data in a single table or create a cool info graphic.
News sites also enjoy creating photo carousels. Why?
At the time of IPO, several sources said the $38 offering price gave FB a market cap of $104 billion. At $31 a share, that does indeed translate to $84.84 billion.
Google Finance lists 2.14 billion shares outstanding, which is where they get their market cap. Yahoo Finance lists 2.74 billion shares.
Hmmmmm.
Users aren't everything.
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Also, this snippet is hardly the JS that "drives" the thing.