Sunday, April 22, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
GSMA Delays eSIM Technology as U.S. DoJ of U.S. Probes Coordination With AT&T and Verizon
Apple to Replace Some MacBook Pro Laptop Batteries
ZTE's Nubia Red Gaming Phone Released
LG Display's OLED Smartphone Screens Still Not Ready For Apple
Nintendo Labo Kits Now Available
June's VLSI Symposium Focuses on Next Generation Transistor Technology and MRAM
Samsung Not Interested in Nokia's Health Unit
ZTE Says Company's Survival at Risk
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
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Faceboo...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, May 02, 2013
Facebook's Ad Business Expands in Q1


Facebook saw its mobile advertising revenue to grow in the first three months of the year as the social network sold more ads to users on smartphones and tablets.

Facebook's revenue from advertising during the quarter was $1.25 billion, representing 85% of total revenue and a 43% increase from the same quarter last year. Mobile advertising revenue represented approximately 30% of the company's advertising revenue for the first quarter of 2013.

Facebook has rolled out a series of product launches in recent months, including an overhaul of its newsfeed and search feature, as well an app for Android smartphones that puts Facebook features front and center on phone homescreens.

The various initiatives have contributed to rising spending, with Facebook's 60 percent year-on-year increase in costs and expenses outpacing the 38 percent revenue increase.

Facebook said it earned $219 million in the first three months of the year, compared to $205 million, in the year-ago period.

Excluding certain items, Facebook said it earned 12 cents a share.

"We've made a lot of progress in the first few months of the year," said Mark Zuckerberg, Facebook founder and CEO. "We have seen strong growth and engagement across our community and launched several exciting products."

"We're starting to see real revenue from mobile app installs," Zuckerberg added, without giving details. "It's one of our most important new ad products."

Facebook's revenue in the first quarter totaled $1.46 billion, versus $1.06 billion in the year-ago period.


Previous
Next
LG To Start Producing Own Application Processor        All News        Intel Details Its Next-generation 'Iris' Graphics Chips
New CEO For Intel     General Computing News      Mozilla Says It Is Hijacked by Spyware Company

Get RSS feed Easy Print E-Mail this Message

Related News
Facebook Seeking to Hire Chip Designers
Facebook Outlines Privacy Measures Towards GDPR
Facebook Provides More Details About Data Collecting Beyond Users
Zuckerberg Avoided Clarifications related to Data Collection Practices
Zuckerberg's Testimony Is Over, But Uncertainty Remains
Zuckerberg Takes Responsibility for Facebook's Problems
Facebook Suspends Canadian firm AggregateIQ
Facebook Messenger Gets More Visual With Support for 360 Degree Photos and HD Quality Video
Internal Memo Shows Facebook's 'Growth At Any Cost' Culture
Facebook Makes Privacy Settings Easier to Find, New Home Products Delayed
FTC Confirms Facebook Investigation
Facebook to Show More Local News to Newsfeeds Globally

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .