CHART OF THE DAY: Facebook Users Barely Ever Use Facebook Apps
This is interesting because the biggest app company, Zynga, filed to go public, and more generally because tons of Facebook apps are getting zillions of VC money all the time.
If people spend so little time on Facebook apps, why the excitement? First of all, 10% of usage on Facebook, the second biggest site in the world, is still a huge market.
And also almost certainly because those who do use apps, use them a lot. Social games are a perfect example: not everyone plays them, but those who do, play them a lot. And a smaller minority pay for virtual goods in those games, but that minority pays enough to fund a thriving social games industry.
It's definitely possible to build big businesses on the Facebook platform. But those numbers are a useful reality check: Facebook isn't becoming a new internet, with Facebook apps replacing websites, as some fear. People still overwhelmingly use Facebook for what it's designed for: knowing what our friends are up to.
http://www.businessinsider.com/facebook-news-feed-apps-2011-7
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