Despite today’s price action, Facebook Inc (NASDAQ:FB) is still a strong company with plenty of resources to continue growing. What I am really looking forward to is the company they purchased back in 2014 called Oculus VR. I believe that virtual reality will be a huge part of the future and if Facebook plays their cards right they could be at the forefront of this market.
However, with that said, growth will eventually begin to slow and we will have to look at how they handle that issue going forward.
Chief Financial Officer David Wehner addressed again that they expect ad revenue growth to slow, stating: “Consistent with my comments on the Q3 call, we continue to expect that our ad revenue growth rate will come down meaningfully in 2017.”
This is something investors will have to keep a close eye going forward but I still remain optimistic about their ability to engage users and grow the company.