Tuesday, May 30, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google Teams Up With Sharp to Advance Adoption of LCDs in VR
ASUS Introduces X299 Based Motherboards at Computex
Samsung Electronics Is Considering Adding Second 3D NAND Line in China
New 4GHz Predator DDR4 Memory Debuts at Computex 2017
ARM Launches New Cortex A75, A55 and Mali-G72 Processors to Power AI, VR Mobile Tech
ASUS Presents New ZenBook and VivoBook Laptops at Computex 2017
New Toshiba XG5 of NVMe SSDs are Using 64-Layer 3D Flash Memory
Sharp's President Confirms US Panel Plant Plan
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

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 to Show Major League Baseball games Live
European Commission Fines Facebook €110 Million for Providing Misleading Information About WhatsApp Takeover
Facebook Updates News Feed to Reduce Clickbait Headlines
French Watchdog Fined Facebook
Facebook to Reduce Links to Low-Quality Web Pages
Facebook Shutters Oculus Film Studio
Facebook Reports High Profit On Strong Mobile Ad Business
Facebook To Hire Thousands To Check Violent Videos
Facebook Adds More Game To Messenger
Facebook to Display Related Articles Before You Read The News
Facebook Releases Two New Surround 360 Video Cameras, Futuristic projects Focused On Silent Speech Communications
Facebook Outlines Its Strategy for Augmented Reality At F8 2017

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .