Monday, February 08, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google Has A Gear VR Competitor In The Works: report
Sony Xperia Z5 and Xperia Z5 Compact Are Now Shipping In The U.S.
Following Outcry, Twitter's Dorsey Says Live Tweets Are Here To Stay
Samsung Files Patent For A Vein-authentication System On A Smartwatch
BlackBerry Cuts 200 Jobs To Trim Costs
Taiwan Earthquake Temporarily Suspended TSMC's And UMC's Production
Samsung Loses Memory-Chip patent Trial Against Nvidia
Twitter Suspends Accounts To Combat Extremism
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
 Home > News > General Computing > Faceboo...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, October 24, 2012
Facebook Sees Mobile Ad Growth


Facebook has reported a loss of $59m despite seeing revenues rise 32% during the third quarter. The company revealed that its income rose to $1.26bn, between July and September.

Despite the revenues, Facebook's performance remains in the red, following a loss of $157m in the previous quarter.

Facebook's shares have lost about 50% since its stockmarket listing in May and the company is struggling to turn its online dominance into profits.

Facebook revealed that 604 million of its 1.01 billion users access its site using a mobile device.

"People who use our mobile products are more engaged, and we believe we can increase engagement even further as we continue to introduce new products and improve our platform," claimed the chief executive, Mark Zuckerberg, in a statement.

Revenues from advertising increased 36%, between July and September, compared to the same period last year.

Mobile revenue of $152.6m made up 14% of total advertising sales.


Previous
Next
Europe To Charge Microsoft on Browser Compliance        All News        Nintendo Revises Profit Outlook Ahead of Wii U Launch
Europe To Charge Microsoft on Browser Compliance     General Computing News      LG Electronics Reports Q3 Profit on Mobile Result

Get RSS feed Easy Print E-Mail this Message

Related News
Facebook's Updated Policy Bans Gun Sales
Facebook Reports Record Revenue
County Meath to Host First Facebook Data Center in Ireland
Facebook Introduces Facebook Sports Stadium
More Than 800 Million Users Have Facebook's Messenger App
Mark Zuckerberg Unveils Plans for Artificially Intelligence
Facebook Launches Instant Articles For Android, Parners With Uber
Facebook Takes Steps To Improve Name Verification Process
Facebook Warns Over Expiring SHA-1 Algorithm
Facebook to Open-source Artificial Intelligence Server Design
Facebook To Release Service For Professionals
These Are The Most Talked-about Topics On Facebook

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .