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Thanks to Our Data, Facebook likely to hit $2 Billion Sales This Year

According to Bloomberg’s sources, Facebook could hit $2 billion in sales this year. With over 500 million active users and 700 billion display ads a year, this figure didn’t come as a surprise. If the figure were indeed true, that would mean that more than 60 percent of the world’s social networking spending is coming from […]

Apple to hit $200 Billion in Sales by 2015 [FORECAST]

According to Piper Jaffray analyst Gene Munster, Apple could hit $200 billion sales by 2015, the New York Times reported. The forecasted sales figure would be three times more than Apple’s latest 12 months ended sales of $65 billion and 100 times more than Groupon’s annual revenue. The audacious estimate is heavily based on Apple’s […]

Record Web Sales in the Holiday Forecast

The 2010 holiday shopping season has already produced vigorous spending in the U.S., according to several reports. And the forecast for the next four weeks is even better, with comScore predicting online holiday sales to be the highest on record. The research firm’s data shows that consumers spent more than $9 billion during the first […]