Edition: Global Global Select Region
Email: Passwd: or sign up free
One News Page
One News Page > Technology > Half of Americans believe Facebook is a passing fad
Open news article

Half of Americans believe Facebook is a passing fad

Boy Genius Report
Tuesday, 15 May 2012

Half of all Americans think Facebook is a passing fad and the social networking site’s expected asking price of $34 to $38 is too high, according to a joint poll conducted by The Associated Press and CNBC. A third of those surveyed think the company’s expected value is appropriate, while 50% believe it is too high. Of those who invest in the stock market, 58% claimed Facebook was overvalued while nearly 3 out of 10 investors claim the expected share pricing is fair. Despite these claims, half of all the people surveyed believe Facebook is a good investment, compared to 31% who disagree and roughly 19% aren’t sure. Not surprisingly, those under 35 are the demographic most interested in the
Share on FacebookShare on Twitter Comment

You Might Like

Other recent news in Technology

Tech Five: APPLE, Facebook, Zynga shares soarApple IPHONE sales in India grew 55% year-on-year
Apple beats everyone’s expectations in Q2, attributes to high iPhone SALESGoogle partners with FACEBOOK, Amazon and Microsoft to stop the next Heartbleed
Apple announces 7-1 STOCK SPLIT, dividend increase, and expanded captial return programOffice for iPad better late than never, Apple CEO Tim Cook tells MICROSOFT
The FCC’s New NET NEUTRALITY Rules Will Brutalize The InternetMicrosoft’s long-rumored Surface Mini tablet leaks early on AMAZON
FCC Tells INTERNET To Chill, Denies That It Will Kill Net NeutralityRich web companies to get a ‘fast lane’ on THE INTERNET, courtesy of the FCC



comments powered by Disqus

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2014 One News Page Ltd. All Rights Reserved.  |  About us  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
One News Page - Top Headlines RSS Feed RSS  |  News for my Website  |  Free news search widget  |  Advertise  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |  One News Page on Facebook LIKE us on Facebook  One News Page on Twitter FOLLOW us on Twitter  One News Page on Google+ FIND us on Google+

Bullet: One News Page official news app for iPhone Bullet: Our news app for iPhone