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Facebook Loss Is Huuuge - The Communications Blog - Birchills Telecom

Facebook Loss Is Huuuge - The Communications Blog - Birchills Telecom

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Facebook Loss Is Huuuge

Birchills Telecom
Published by in News ·
Facebook share price plunged by $120bn yesterday. The largest one day fall in history.
So how big is that?

It is about the same as the NHS budget for a year.

It is twice the value of BT and Vodafone added together.

It is the value of BP

It is twice the cost of the BP Deepwater Horizon disaster

According to World Bank listings of 191 countries it is greater than the GDP of the lowest 130 countries.

It is greater than the GDP of Kuwait

Or to put it another way – in the words of President Trump himself – “It is huuuge”.




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