Thursday, July 31, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
AMD Opteron 64-Bit ARM-Based Developer Kits Now Available
Samsung Galaxy Note 4 Coming On September 3
Google To Show Ratings to Search-Results Ads
Samsung And Apple See Their Smartphone Market Shares Plunging
Twitter Says Its User base Increased
Microsoft Details Windows Phone 8.1 Update, Brings Cortana To New Markets
Facebook to Shut Down Gifts Service
Netflix To Pay AT&T For Smooth Video Delivery
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 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 to Shut Down Gifts Service
Facebook Profit Doubles
Facebook Save Lets You Read Stories Later
Facebook Tests 'Buy' Button
New Facebook App For Verified Public Figures Released
Sunday's World Cup Final Broke Social Media Records
EPIC Challenges Facebook's Manipulation of Users
Facebook to Acquire Video Ad Company LiveRail
UK Regulator Probes Facebook Over Experiment With User's Comments: report
Facebook Says It Cares About the Emotional Impact of The Social Network
Facebook Is Trying To Recover Bulk User Data Sized by Court
Facebook's Workforce is Mostly White Males

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .