Despite the chatter that the social-networking website is fading in popularity, having a whopping 955 million monthly active users is a 29% increase over the past year. And despite concerns about mobile and monetization in general, revenue growth at a 32% clip shows that the company is making more money per user.
There's no denying that the company hit the market with lofty expectations. You won't find too many debutantes going public with market caps north of $100 billion. However, the stock has given back so much of that amount, and the fundamentals continue to improve.
Facebook isn't bad or broken. It just tends to be as misunderstood as an "It's Complicated" relationship status.
Briefly in the news
And now let's take a quick look at some of the other stories that shaped our week.
IMAX (NYS: IMAX) narrowly missed Wall Street's quarterly targets, but the provider of super-sized cinematic experiences did close out the quarter with a growing backlog of theaters to install. In other words, more larger-than-life screens are coming to a multiplex near you.
Finally, Apple (NAS: AAPL) missed Wall Street profit targets for the second time over the past year. That rarely happened when Steve Jobs was around, but it doesn't mean CEO Tim Cook is on the hot seat.
Now that you've had a glimpse of the past, let's delve into the future. A new report details the latest Rule-Breaking multibagger that has earned Fool co-founder David Gardner's attention. The report is free, and you're closer to it than you might think. Check it out now.
The article A Fool Looks Back originally appeared on Fool.com.
The Motley Fool owns shares of Facebook and Apple.Motley Fool newsletter serviceshave recommended buying shares of IMAX, Facebook, and Apple and creating a bull call spread position in Apple. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. Try any of our Foolish newsletter servicesfree for 30 days.Longtime Fool contributorRick Munarrizcalls them as he sees them. He owns no shares in any of the stocks in this story and is also part of theRule Breakersnewsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Motley Fool has adisclosure policy.
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