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by kmetan 1609 days ago
If I count this correctly, the damage is 0.9 £ per person per month. So this is what the claimant thinks should be an average and fair monthly compensation for being a FB user for that time.
2 comments

Meanwhile, Facebook's ARPU in Europe is ~$50/user/year [1], so they're roughly $40 ahead per claimant after this lawsuit. Just a cost of doing business...

[1] https://seekingalpha.com/article/4410715-facebook-is-running...

Revenue is not the same as profit, from the source you quoted the ARPU in Europe for 2016 (period lawsuit starts) is half of what it is in 2020, also it's closer to 15$ since GBP is worth more than USD.

Highly doubt this would be in the "cost of doing business category"

Approximately what I get too.

2.3 billion GBP.

44 million people.

From October 1st to December 31st is 3 months. Followed by all of 2016 through all of 2019, so 4 times 12 months.

51 months total.

  ((2.3 * 10^9)/(44 * 10^6))/51
Comes out to about 1.02 GBP per person per month