Daily Investment Tips

Facebook is now the hottest property in the internet, with over 500 million registered users every one is wondering whether Facebook will knock out Google as the most influential company in the internet. Already statistics indicate facebook is now the most visited site in the internet, ahead of Google.

At the moment Facebook revenues are just under $2 billion compared to Google near $25 billion. Will Facebook ever catch up with  Google or over take Google at the end.

Facebook Vs Google Revenue Comparison when both Companies were Six Years Old

For all of 2009, Facebook’s revenue was $777 million and its income was $200 million. Google in 2003—the similar year in the search giant’s history—reported revenue of $1.5 billion and a profit of $106 million.

Facebook Vs Google Revenue Comparison When both companies were seven years old

Through the first nine months of 2004, Google reported revenue of $2.2 billion and net income of $195 million. Through the first nine months of 2010, Facebook’s revenue was about $1.2 billion and its income was $355 million.

There you have it, although Google had more revenue, it is clear Facebook is a more profitable company.

Source of data, wallstreet journal article

written by Constantine Njeru \\ tags: Ahead, Company Source, Facebook, First Nine Months, Giant, Google, Journal Article, Net Income, Profitable Company, Seven Years, Six Years, Statistics, Wallstreet Journal

Over at Guardian UK Newspaper there is a fascinating piece about Giant American Bank JP Morgan Chase.

According to the Guardian article, JP Morgan is sitting on what is estimated to be 3.3bn ounce short position in silver. And someone has devised a plan on how to punish JP Morgan. If you are all for robbing the rich then keep reading.

Max Keiser Silver Campaign

The author of the article, Max Keiser is leading a campaign to buy Silver so that JP Morgan Chase may go burst. They even have done mathematics of how this will work.

We posited that if 5% of the world’s population each bought a one-ounce coin of silver, JP Morgan would be forced to cover their shorts – an estimated $1.5tn liability – against their market capital of $150bn, and the company would therefore go bankrupt.

The Coming JP Morgan Chase Bankruptcy: Bail Out

You might dismiss this campaign as pure lunacy but it seems to be working,

Right now, silver eagle sales for the month of November hit an all-time record high and the availability of silver on a wholesale level is drying up. The most important indicator is the price itself – holding just under a 30-year high. With each uptick JP Morgan gets closer to going bust or requiring a bailout.

Max even made a close that would make any sales manager proud,

If anyone is interested in helping to crash JP Morgan, buy silver. In the end, it’s about transferring wealth back to the people from where it came.

written by Constantine Njeru \\ tags: Bailout, Bankruptcy, Bust, Eagle Sales, Giant, Guardian Article, Guardian Uk, Jp Morgan, Jp Morgan Chase, Kaiser, Lunacy, Mathematics, Max Keiser, Month Of November, Morgan Silver, Ounce, Short Position, Silver Eagle, Time Record, Uptick, Wholesale Level