Facebook's Profit Falls As Expenses Soar in 2015

The largest social networking site of the world, Facebook, saw its second-quarter profits slip as it shelled out billions of dollars to augment its services and develop more of its applications.

Such bold move could be seen as a part of future expansions and growth of the company. As to the words of Facebook's Chief Operating Officer, Sheryl Sandberg she said that;

"We're investing in the next set of services and what will be future investments like Messenger, WhatsApp and Oculus,"

It can be reckoned that there is an increase of people accessing Facebook through their mobile phones over the years. According to the website techcrunch, there are 526 million of active users accessing Facebook on mobile devices alone, making that volume represent the 38 percent of Facebook's 1.39 billion monthly active users. The social networking company also claimed that their Messenger application now has 700 million users and its download soared up to 1 billion times on Android platform. It can also be remembered that not so long ago issues concerning users privacy with regards to the use of the particular messenger proliferated on the web. But despite the issue, continuous support from Facebook devotee prevailed.

The company itself forecasted the heavy investment on 2015. Though there are still no signs of meaningful revenues on its early stage, analyst and experts alike are likely convinced about the investment made of the company and its future growth.

One of the analysts from Macquarie Research also provided a differentiated insight into the Facebook's major move. Ben Schachter, Macquarie Research analyst, said that;

"We think the company has a lot of opportunities ahead of it so we want to see them investing quite heavily in those investments"

But still it would be too early to predict anything or conclusively judge the outcome of the company's investment moves and strategies. There are still many things to come and consider. But with the brilliant Mark Zuckerberg on the pilot seat, the company would surely recover from this minor slip-off, so to speak.