Quote:
Originally Posted by Barry-xlovecam
The end of the year (month of December) followed by the post holiday bills of January is always a volatile time and results are mixed. Facebook released there last quarter results for the year and currency revaluations reduced profits ''CFO Dave Wehner notes forex is expected to have a 5% impact on 2015 revenue growth. International markets produced 52% of Q4 revenue, with Europe making up 27%.''
So, as Facebook goes so goes the Internet as a whole? We are global and forex rates matter -- that is the only recessionary pressure I see.
Overall, the cam industry, and XloveCam with it, have had a good end year quarter, like everyone's nemesis -- Facebook ...
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January is always a killer, when people see their Christmas credit card bills come in. I thought I had an exhorbitant amount of CBs for January (9) but then did some research. Most of them came from 3 Members who charged back multiple months (I hate that!).
But when I checked stats for Jan. 2014, 2013 and 2012 I saw similar numbers (adjusted for # of sites, etc). I guess I blocked out how bad January can be. LOL