"Mobile is a huge opportunity for Facebook," Zuckerberg said during a conference call with analysts. "Our goal is to connect everyone in the world. And over the next five years, we expect 4 or 5 billion people to have smartphones."
Doesn't this seem to be a slightly large overestimation? 4 or 5 billion? The worlds population is, at the time of posting, 6,973,738,433 (Source: World Bank). 5 Billion people is 71% of the worlds population..
Chinese pop: 1,347,350,000 (Source: official Chinese estimation)US Pop: 314,065,000 (Source: US Population Clock) European population: 738,199,000 (in 2010, UN estimate)Russia: 143,117,000 (Official russian estimate)
Etc etc etc.
India has a population of 1,210,193,422. The notoriety of the rich/poor gap in India is well-known, and given that India's population is 17% of the worlds total.. you see where I'm going with this?
Mr. Zuckerberg would do well to not grossly overestimate the facts when considering Facebooks potential. He (and of course others) already did that with the IPO.
Facebook has always been struggling with trying to optimize their site in ways other than just ad-revenue. I don't see much of it succeeding either. Who really buys Facebook Credits?
"You can't just ask customers what they want and then try to give that to
them. By the time you get it built, they'll want something new."
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