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Technology Stocks : Apple Inc.
AAPL 273.79-0.3%Feb 10 3:59 PM EST

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To: Art Bechhoefer who wrote (166163)2/20/2014 1:09:29 PM
From: Kelly G.3 Recommendations

Recommended By
MGV
Mick Mørmøny
Zen Dollar Round

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The big deal about WhatsApp is the number of users.
The company that makes these has a lot of users as well:



And, they at least make money on the sale of the product and have a certain number of repeat customers.

OTOH, there a ton of free text messaging apps out there and I don't see how these people would be loyal if it started costing them.

Driving people to Facebook? Maybe. It would interesting to see how many people use WhatsApp that don't already have Facebook.

Part of what I thought was bizarre was ANALysts saying the Apple should have bought WhatsApp. What are these guys smoking?

I still think that a $19 billion price tag is really bizarre for a texting app.
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