Facebook Trying to Pursue Google

Of the many companies engaged in the social media sector which will release data on the financial reports this week, analyst Gene Munster of Piper Jaffray Financial Institutions says that Facebook is one company that has a unique story.
"Actually, all the shares in the technology sector has performed well because they did have a chance to develop, but Facebook is one company that has the most unique story," he said in an interview on the television program "Squawk Alley ', as quoted by CNBC on Tuesday (28/07/2015).
Munster outlines, is now really going on 'war' between Facebook and Google in getting the ad. "Facebook is slowly grabbing the attention of advertisers than Google which of course have an opportunity in the video" he said.
At least, Google views 8 billion times a day through YouTube, one of the wholly-owned subsidiary of Google. While Facebook reported that the number of 'viewer' rose from about 1 billion to 4 billion for one day, according to Munster.
In the latest earnings data reports, Google said that YouTube visitors are in the highest number in the past two years. "So this mystery about what is happening in the video between Facebook, and Google, but ultimately facebook and Google at the same profit" Munster said.
"Facebook has a powerful way to measure the social graph on top of the video, and they really did a good job of leaning to the news feed," said Munster. "There are opportunities to gain advertising dollars will shift to Facebook." he added.
Facebook is scheduled to release earnings data on Wednesday, 07/29/2015) after the closing bell rang exchanges.

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