How Big Is Facebook's Cash Pile?

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Oct. 30 (Bloomberg) -- Today's "BWest Byte" is $9.3 billion, for how cash Facebook had at the end of the third quarter. Jon Erlichman reports on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)

And now it's time for the "b- west byte." this is how much cash facebook had at the end of the third quarter.

A lot of people criticized the facebook ipo for pricing high, $38, yet it net them $16 billion in cash.

A lot of it stayed with the company and now they seem to be humming on revenue, the cash from operations is rising.

$9.3 million.

That is how they can afford instagram.

Mark zuckerberg was asked restaurants today about the rollout of advertising tight instagram.

The big headline story ended up being young teens may not spending so much time.

They could use some of that cash to help entice them to stay but not likely.

We have heard anecdotal evidence.

Gene munster of piper jaffray did a study but now to hear affirmation that, yes, they are not seeing as much activity from teenagers is quite a revelation especially as twitter prepares

This text has been automatically generated. It may not be 100% accurate.


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