Tuesday, May 31, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Patriot Announces 2TB Ignite SSD
ASUS Presents Zenvolution at Computex 2016
MediaTek Introduces Pump Express 3.0 Battery Charging Solution
New ARM Cortex-A73 Processor Drives Efficiency, Performance For Mobile Designs
Plextor To Showcase Its Gaming Grade SSDs at Computex 2016
Nvidia's GeForce GTX 1080 Launches Wordlwide
Corsair Bulldog PC Is Seeking A Place In Your Living Room
Samsung Galaxy C5 and C7 Released In China
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, January 30, 2013
Facebook Revenue Grows Significantly in Fourth Quarter


Facebook's mobile advertising business enjoyed a significant growth, helping the company's revenue expand 40 percent to $1.585 billion.

Facebook said net income in the fourth quarter was $64 million, compared to $302 million in the year-ago period.

Facebook has ramped up its online advertising services in recent months. The company has rolled out a wide variety of new services in recent months as the company seeks to stay ahead in the Web market and to convince investors that it can turn its audience of more than 1 billion users into a sustainable business.

Facebook CEo Mark Zuckerberg said that recently introduced products such as Gifts, which allows Facebook users to purchase retail goods for their friends, as well as its new social search tool could become important businesses in the future. But in the near term he said that Facebook's advertising efforts will be the core of its business.

Revenue from advertising was $1.33 billion, representing 84% of total revenue and a 41% increase from the same quarter last year. Excluding the impact of year-over-year changes in foreign exchange rates, advertising revenue would have increased by 43%.

Facebook's overall fourth-quarter revenue was $1.585 billion, versus $1.131 billion in the year-ago period.

The number of monthly active users on the social network reached 1.06 billion at the end of last year, with 618 million daily active users, Facebook said. Much of that growth again came from emerging markets like Asia, rather than the United States or Europe.


Previous
Next
Nokia Starts Releasing Windows Phone 7.8 Update        All News        RIM Rebranded, Unveils BlackBerry 10, New Smartphones
Chinese Hackers Target New York Times Servers     General Computing News      Sony's Music Unlimited Service To Offer High-Quality Audio

Get RSS feed Easy Print E-Mail this Message

Related News
Facebook Publishers To Show Ads To Everyone
Microsoft and Facebook To Link America With Europe Through 6,600 km Long Cable
Facebook Changes Policies On 'Trending Topics'
Facebook Clarifies How Trending Topics Work
Facebook Accused Of Censoring 'trending' Topics
Facebook Loses Suit Over Storing Biometric Data
Facebook Reports Strong First Quarter 2016 Results
Facebook Is Developing Snapchat-like App: report
Facebook To Show You More Articles You Want to Spend Time Viewing
Facebook Says Artificial Intelligence Is The Future
Facebook Advances The Messenger Platform, Announces 360-degree Video Camera at F8
Facebook is Adding New Ways to Create, Share and Discover Live Video

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 .