Click-through advertising is all Facebook have.
GM just pulled all their ads from Facebook as they didn't see any return on thier money.
Who really clicks on those ads? Do you?
The mobile platform is the most widely used now, and this has no ads (hence no income stream).
Facebook has half the market cap of Google, yet only 1/10th of the revenue.
...and you say it is "cheap as chips"?
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