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Facebook Fails on The Wall Street


Facebook CEO, Mark Zuckerberg has recently entered Facebook into NASDAQ Stock Market at a Stock Price of $38 approx. and dreamed of defeating Apple's enormous Stock Price but now his dreams look like broken because Facebook's Stock Price is falling down and is now at $28.19 which is a whole lot of change while Apple's Stock Price remains up at a cost of $579.17 with a profit of 1.21%. The reason for this fall of stock price in Facebook is because Mark Zuckerberg didn't even think about the risks in it. Apple gains huge profits because they sell solid products which are present in real life and can be used anywhere while Facebook doesn't sell anything other than accessories and earns money from Apps. Facebook  is just a name which is there on the internet but not present with the user and hence the product becomes priceless, at few places Facebook is banned too. These factors make people think twice before going for Facebook and they go for some other brand like Apple.


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