While you are probably right, these numbers only account for the first 10-12 days of #deletefacebook, and those are only a few days over most of a quarter's worth of growth before them.
#DeleteFacebook is not a thing. Anyone who thinks it was going to affect Facebook doesn’t understand the fundamentals behind Facebook. It’s just some meaningless outrage porn for people to hang a hashtag off of and maybe increase their social currency.
This stock is going to be back to its 190 price levels soon enough and anyone who isn’t on board is going to be left with the FOMO.
Perhaps, but I have certainly noticed a significant downturn in the level of end user engagement on Facebook in recent weeks. Almost nobody is posting these days. Plenty of ads and commercial organizations in my feed but very little organic content.
I've noticed this too. Thing is, the expectation seems to be users deleting their accounts en masse, while the reality is that people are just slowly drifting away from it (without going through the hassle of actually deleting their account).
I agree with you, I don't think we can really glean anything meaningful from this information since it is only a fraction of the quarter after the information came to light.
If we see a significant dip in Q2, then perhaps we can surmise that this impacted revenues negatively.
