“We did see a decrease in daily users, specifically among younger teens,” Facebook acknowledged. Here’s why that matters. Reuters
The good news for Facebook is that its business model is maturing.
The bad news for Facebook is that its audience is maturing, too.
Remember when Facebook was just something that kids used to procrastinate a digital time-suck for kids and not a digital business? Well, now that’s switched. Facebook is definitely a digital business now, with last quarter’s revenue up 60 percent since last year and half of that coming from mobile, an astonishing achievement for a company that barely had a mobile business a year ago.
Read also:
On Facebook, a growing teenage wasteland (CNN International)
Teens say 'meh' to Facebook's drama and flock to other networks (Kansas City Star)
Facebook's Earnings: The Good and the Bad (Motley Fool)
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