Facebook Beats In Q4 With Revenue Of $2.59B, EPS Of $0.31

When I first signed up for thefacebook, the summer before I started college in 2004 I would have never in my life imagined that I'd one day read a news story that began with the following sentence:

> Today Facebook reported its fourth quarter financial performance, including revenue of $2.59 billion and earnings per share of $0.31.

This is insane to me. Also... 945 million mobile users. What?

I'm a finance ignoramus. For other people who didn't already know this, EPS means "Earnings Per Share".

The fact that they're really focused on small business largely deflates the whole "younger users aren't using Facebook" argument. Brand advertisers target younger users more so than small business advertisers. I think ultimately it's a bad thing for Facebook that larger advertisers won't be able to reach younger users through their platform, but in the short-term it won't matter; they're waay more focused on SMBs.

$500 Quarterly Net Income by GAAP and $131 B Market Cap = 65.5 trailing P/E ratio.

Facebook chart: now trading around $53.53/share: http://finance.yahoo.com/echarts?s=FB+Interactive#symbol=fb;...