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by SoftwareMaven
5014 days ago
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The 1990s tech bubble was all about those "non-traditional" metrics like page views and "eyeballs". Turns out they are a horrible predictor of the intrinsic value of a company. So investors went back to the boring, old metrics that, regardless of industry, seem to be able to provide some true indication of the health and value of a company. I will agree that Google and Apple aren't the right companies to compare FB with. But FB is having mobile problems, and Apple and Google do seem to have reasonable mobile strategies, so I can understand why analysts do that. |
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