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Facebook plummets in the stock market, after a weak report

The social media giant, which also owns Whatsapp and Instagram, has been a strong year behind it. In 2019, and lifted the share price by 51 per cent, in spite o

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Facebook plummets in the stock market, after a weak report

The social media giant, which also owns Whatsapp and Instagram, has been a strong year behind it. In 2019, and lifted the share price by 51 per cent, in spite of the concerns of the competition from the new entrants like the Tiktok.

the Number of monthly users increased by eight per cent over the past year, and now stands at 2.5 billion. The counts also have Whatsapp and Instagram to use the 2.9 billion people in the Facebook posts at least once a month.

the user was in line with analysts ' forecasts. However, in terms of both net sales profit will reach Facebook is not up to the expectations, the profit per share was 2,56 dollars instead of 2,81. Despite the fact that ceo Mark Zuckerberg will be positive.

”We have had a very good quarter with our user base and our business has continued to grow,” he said in a press release.

the Market is doing, in any case, at the outset, is not the same analysis as Zuckerberg's. After the report is released, and the falling share price, by more than five per cent of the efterhandeln.

Microsoft's net sales grew during the final quarter of last year by 13.7 per cent to 36.9 billion dollars, the equivalent of 355,2 billion for the year. It was more than what analysts had spått. The main reason for the increase in net sales was the success of the company's windows Azure cloud computing platform.

furthermore, Microsoft's earnings rose in the quarter, up as much as 38 percent to 11.7 billion u.s. dollars, compared with 8.4 billion dollars in the second quarter of 2018 at the latest.

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