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Almost Half of Americans Think Facebook is Way Too Much Overrated

May 18, 2012 11:01 am

It is confirmed Americans really do have a short life-span of attention and they do get bored easily from one after using it a lot. Facebook has been facing such an American attitude. A new poll conducted by the Associated Press and CNBC suggests that almost half of Americans feel over with Facebook and think that it is a passing fad.

According to a survey about 46% of the people surveyed think that Facebook will not be popular anymore. However, another 43% think that it will be more successful than before. Again, the Americans are divided in their choices, this time about the largest social networking site in the world. As is the case with these polls and surveys, they are not representative of the whole, but generally imply that. The 1,000 Americans were aged from 18 and above with a margin of error of 3.9%. Interestingly, more studies could be done on the similar question elsewhere in the world and even repeated in American by other survey groups.

It will be nice to see some other social network taking the place of Facebook in its popularity, because the high does not last forever when it comes to innovation and technology in social media. The timing of the survey is important for Facebook’s image though as it is just ahead of its initial public offering. The shares of Facebook would be between $34 and $38 and the total value of the company being $100 billion.

Just as 46% believe that Facebook is way too much overrated, they think that the company is also overpriced and overvalued and this opinion belongs to 50% of the people. Only 3% believe that it is rather undervalued and should be more, but 32% believe it is just what it needs to be. However, 51% did believe that buying Facebook’s stocks is a good investment while 31% did not view it the same way.

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