Rosenblatt Securities’ Brian Blair and Bloomberg’s Cory Johnson break down Facebook’s first-quarter earnings report on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)
In my opinion: This Bloomberg video celebrates Facebook as a big winner after their Q1 earnings report. The title of the video is “what analysts are missing”. What analysts are really missing is the fact that Facebook advertising revenue will suffer in the long run. Read this article about “The non-sense big marketing agencies are selling to big brands” and see the real results behind Facebook marketing. Once the big payers realize that they actually don’t get much for their millions spent, Facebook advertising revenue will suffer. And this is what analysts are really missing!