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Facebook Still the Coolest Social Network Around?

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  • Description

    Ruby Media Group CEO Chris Ruby on the current trends in Facebook demographics.

  • Duration 3:54
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This transcript is automatically generated

Book -- the stock drops below -- studies also show that even though the company is making more money on mobile devices.

Joining us now is Chris -- founder and CEO of moving media group Chris welcome to the program.

We asked this question about apple has it lost its cool I don't -- the same question about FaceBook has it lost its cool.

You know I think it's a very interesting question right now and I think what it's ultimately gonna come down to is a -- definition of what the coolness factor is for FaceBook.

And -- actually look at the fastest growing demographic on -- occurring Amazon and 33 to 55 years I'll I'll.

Yes the kiss of death of cool for cool isn't -- different but I don't really joking here I mean there was old people like might pass nice.

That reduce the cool factor of apple and the iPad.

Don't think what the wanna be associated with all people the young people wanna be associated with -- young you should and middle aged women who have gone on to what's FaceBook.

Well not necessarily I mean that's why you see more of them going towards sites like things -- Gramm.

33 to 55.

Where that could actually help them in terms of profit.

They have worked out how to get the money out of people that using thanks to a company that haven't yet and I think that that that's something that they're still working do you think they will you I have to ask you the value judgment are they gonna find a way to make serious money -- -- uses.

I think they well I don't think they're there yet I think they definitely well.

You don't give financial advice books -- Would you buy the stock at 29.

But I by the socket -- and its.

Right now wouldn't you would note that if you have a long term horizon and I've got a long term horizon would -- -- tornado in thirty.

I would -- I would still wait a minute you what -- where do you own it bother I have to ask you and I I don't currently OK you've been effective at.

But Israel has kiss of death -- -- really that I got to move on to -- two -- a Blackberry.

OK there out with a new photos you've got one with the.

Idyllic we have well now this isn't an Arlington got -- got I that I like a month I never read my Blackberry.

Was it which what both phones which is CBM I found okay this is the Blackberry are not stimulus funds that get a bit about.

Now you've -- what what do you think the new Blackberry.

Will it compete well against the -- -- -- I think it's too little too late.

Unfortunately he has a lot of people are saying right now can even look at the hash tag Blackberry town on -- I mean there's really mixed reviews about -- I think what they cannot live ultimately for and should have been released seven years.

Yes and is it as a mom it seems like as an also ran.

I mean you've got Microsoft Google Google you -- you android Microsoft's -- called Apple iPhone.

These up early entrance and along comes Blackberry.

As you said seven years late.

So I take it you know real keen on Blackberry has an ongoing profitable consumer.

-- it's interesting actually -- that he had I think that the new model that they're gonna release with the keypad will be gut I think that people who currently kept their old phones and how -- and I found and a Blackberry or different than mobile.

I think for then they're not looking to have too Smartphones just like -- thought.

And so I think when they think -- Blackberry they're thinking of the keep.

Yeah that's it yes that's a big Blackberry Blackberry so I think the whole bit more thrown off yesterday with that -- and -- -- to keep that is Conning.

But it's gonna come out -- Yes book the keep that is what -- what customers want to you can text and email.

We -- films yes what we -- went on want and you think I'm gonna be satisfied with this.

I think you -- when -- -- -- comes out with the keep out but I think I mean I think that it's not to be enough.

I think he still leaning another -- -- -- Lukewarm on FaceBook and a Blackberry that's how I describe it yet yeah all right Chris proving thank you very much indeed -- President.

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