The first real Facebook (NASDAQ: FB ) Phone with Home pre-installed, the HTC First, has officially bombed. The device launched exclusively on AT&T last month, and has fared so poorly that Ma Bell almost immediately slashed the price to $1 and is reportedly looking to discontinue the device as soon as it's satisfied contractual obligations to HTC. Ma Bell had reportedly only sold 15,000 units in the first month.
The First was originally expected to roll out to other countries, but due to its poor performance stateside, that won't be happening. The First's U.K. launch has been halted due to negative feedback in the U.S., and all pre-orders have been cancelled.
" Facebook isn’t having a great week on mobile with its new Android-based application, Home. "
" In response to media reports that carriers in Europe were delaying the release of HTC First – the first phone designed specifically for Facebook’s new Home application — the company acknowledged Thursday that it has encouraged its European carriers, Orange and EE, to “hold off” on introducing the phone to the continent. It is also going to “limit supporting new devices,” according to a statement provided by a Facebook spokeswoman. "
" Those markets are a little different than US markets. "
I'm aware of this fact also .
I'm aware of that fact , bass9189 .
And , in part , that explains some of the losses in the Asian markets .
Most of the loss being experienced today , however , has to do with China PMI .
At the time of this post [ 2:22 EDT ] Nikkei 225 has lost over 1143 points and
the Hang Seng has lost 541 points .
U.S. futures are now down - 150
Alas, as of Tuesday, we now have a study to bolster the claims. Teens are expressing “waning enthusiasm” for
Facebook, according to a recent study from the Pew Research Center. Teens, according to the study, are tired of all the “drama,” the stress of managing their online reputation on the network, and are “annoyed when their Facebook friends share inane details.”
nobleonetoo ,
This is an empty article !
Empty because it was an interview conducted with Carolyn Everson
[ vice president of global marketing solutions at Facebook ] .
What would you expect from a VP of marketing ?
In the article , Ms . Everson is doing what she gets paid to do .... market Facebook .
What do you expect her to say , " Facebook will never be anything more than it is " .
Facebook can't continue to live on HEADLINES or the " Come see what we're building " nonsense
or articles about what it might be , could be , should be .
Ms. Everson seems to overlook the fact that regardless of what Facebook PLANS to be or
PLANS to do or PLANS to become , Facebook is nothing more than a social platform .
Facebook has no tangible assets [ people are not assets ] people are transient .
warmninja ,
I know Yahoo! won't let us post hyperlinks but we can still
cut and paste a portions of an article .
The following is an excerpt from SF Gate ....
The First seemed like it was in trouble from the beginning. Critics said Facebook Home, an app that adds a Facebook-flavored wrapper to Android phones and hides your regular apps, was only good for those who are obsessed with Facebook. AT&T dropped the price of the First from $99 to $0.99 last week, fueling speculation that the phone wasn't selling well. One source close to Facebook told us last week that the First was a flop."
Read more: http://www.sfgate.com/technology/businessinsider/article/HTC-s-Facebook-Phone-Might-Be-Discontinued-But-4511626.php#ixzz2TQkS4kxM
"RFID credit cards use a radio frequency to transmit personal financial data. They are not swiped through a scanning machine like a traditional credit card. Unfortunately, RFID credit cards can be skimmed when an unauthorized user grabs the unencrypted data from your card using an RFID reader. The technology Website EnGadget found that data from RFID credit cards is easily skimmed using an $8 reader purchased on eBay."
" easily skimmed " is putting it mildly .
Facebook has made serious progress in its plans to revolutionize the $55 billion server industry and now wants to do the same for the network industry.
The two-year-old Facebook-led consortium called the Open Compute Project has announced plans to create an "open source" network switch.
This could disrupt the $22 billion a year Ethernet switch market that mostly belongs to Cisco. Cisco owns over 60% of it, according to IDC.
"(Reuters) - Target Corp is rolling out Cartwheel, a service that combines social networking and discounts, the latest attempt by a U.S. retailer to lure shoppers into its physical stores rather that seeing them buy from online rivals."
"Target said its new program relies on shoppers using their Facebook accounts. However, shoppers can only redeem the offers they choose in Target's U.S. stores, not online."
"With Cartwheel, shoppers select the deals they want online and then bring a barcode - either on paper or on a mobile phone - to a Target store to get the discounts. Shoppers can see what offers their Facebook friends
have chosen, and earn more offers by having their Facebook friends sign up."
aarondietric , you write [ in part ] :
" If you are not on FB...we'll then you're 99.8% most likely a LOSER WITH NO FRIENDS. "
I say ,
A logical conclusion is based on a logical premise .
I ask ,
What premise do you base your conclusion on ?
Even though the DDos is not aimed at Facebook it could affect the market .
It doesn't appear that Anonymous is interested in Facebook , Aarondietric .
" Anonymous claims it will launch cyberattacks against banking and government websites
on Tuesday. "
This group attempted a similar " attack " against Israel , they weren't very successful .
"Anonymous will make sure that's this May 7 will be a day to remember. On that day anonymous will start phase one of operation USA.
We'll see .
" Things in the deep trenches of the economy are not as kosher as it is made to look on the surface! "
You are absolutely correct , n59218 .
Actually , since their article of September 22, 2012 , Barron's has given
Facebook an increase of $10 a share .
In the 9-22-12 article , Barron's said Facebook was worth $15 a share .
Not a bad bump in PPS !
Barron's headline :
" Facebook still worth probably no more than $25 a share: Barron's "
closeoutville ,
What are you failing to understand ?
1. lost 6m US visitors, a 4% fall, according to analysis firm SocialBakers. "
2. "Users are also switching off in Canada, Spain, France, Germany and Japan, where Facebook has some of its biggest followings. A spokeswoman for Facebook declined to comment. "
"....Facebook declined to comment. "
You might want to consider broadening your research .