Facebook is making some big claims about its economic reach. But not everyone is convinced.
The social media giant commissioned a study, which was published Tuesday, that claims the company is responsible for $227 billion in global economic impact and for creating 4.5 million jobs worldwide in 2014.
The report, prepared by the consulting firm Deloitte, also gives Facebook credit for about one-sixth of smartphone sales.
According to a Wall Street Journal report, the company's Chief Operating Officer Sheryl Sandberg even said that some people are mistaking Facebook for the Internet.
"We know Facebook is one of the main drivers of why people buy phones, particularly in the developing world," she told the Wall Street Journal. "People will walk into phone stores and say 'I want Facebook.' People actually confuse Facebook and the internet in some places."