Facebook Inc (NASDAQ:FB) the social media network giant, it appears, according to financial growth tracking experts is going much the same path-way as Apple Inc. (NASDAQ:AAPL) once did back in 2010-11 fiscal, when it was hitting high octane growth.
Apparently, the younger technology company is making all the right moves much the same way Apple Inc surged to 80% growth rates during the period in consideration.
Analysts preen on the prediction
Facebook Inc (NASDAQ:FB) is matching Apple Inc. (NASDAQ:AAPL) in more ways than analysts point out. The growth for Apple Inc, during the period was driven from within the eclectic design unit housed in the haloed Cupertino development center. The line-up of impressive features on its iPhone and the introduction of game-changing form factor Tablets, which have now made the once dominant PCs pass, were what drove Apple’s growth.
On the other hand, Facebook has been looking outwards with the acquisition of the most popular products that bring not only higher valuation but higher density of ‘engaged’ users on the platform.
Facebook looks at acquisitions
Beginning with Instagram to its various in-line services, to the latest WhatsApp buy-in and the now larger Oculus VR, Facebook is tracking much the same growth line as Apple Inc did during its golden period of growth, with Steve Jobs at the helm.
Facebook Inc (NASDAQ:FB) now with much of the products and services in place has now begun a new trajectory of revenue earning – Advertisements.
Where earlier they were an afterthought, Facebook has since unleashed innovative and new spectrum of advertisements that allow merchants and businesses to reach and engage every category of user on their target segment. Users in-turn do not have to look for services/products and more they need than beyond the posts of their status posts to know more and find out more.
Facebook Inc (NASDAQ:FB) is likely to gain growth momentum and not fall-off on the momentum as Apple Inc. (NASDAQ:AAPL) did in the post 2011 FY! We should note that hedge funds are more bullish on Apple than they are on Facebook (see the 10 most popular stocks among hedge funds).
