Facebook is set to become giant size by 2015. Currently it is valued at $85 billion and in the next 4 years it will be worth $234 billion, sources revealed.
The social media firm gradually is becoming the "second internet" as analysts put itand will earn $11 billion on $22 billion in the next few years which shall catapult its value to $234 billion till 2015.
Earlier analysts had expected Facebook to be worth $100 billion by 2015, but as they saw Facebook’s margins improving, they now have estimated the firm’s value will be more than double than the earlier estimation.
Along with Facebook other internet portals such as Facebook, Zynga, Twitter, The Huffington Post and Quora too will join the “second internet” bandwagon, as they too are consistently doing well.
The “Social Internet” is on the rise as analysts describe the phenomenon of these websites rising from the dust to become internet giants.
Facebook’s valuation is estimated to be overtaken by only Apple which will be worth $321 billion by 2015.
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