Thursday, March 05, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google Introduces Insurance Shopping Site
U.S. Trade Office Releases Latest Notorious Markets List
MPEG LA Introduces License for DisplayPort
Toshiba Starts Shipping 20-Megapixel CMOS Image Sensor For Mobile Devices
Larger iPad Production Pushed Back For September
Intel Outlines 2015 Gaming News at GDC
HBO, Apple To Launch Video Streaming Service: report
Xbox One wireless controller Adapter Coming To Windows PCs
Active Discussions
Newbie
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
sanyo e6 camera
 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
MWC: Zuckerberg Provides Update On Plan to Connect World
Facebook Wants You Online Even When You Die
Facebook Unveils "6-pack" Networking Switch
Facebook Expands Free Mobile Internet Service To India
Facebook Introduces Place Tips in News Feed
Facebook Reports Strong Fourth Quarter
Facebook Intros Trending Super Bowl
Internet Problems Temporarily Took Down Facebook, Instagram
Facebook To Limit Fake News Stories
Deloitte Report Says That Facebook Adds More Than $200 billion to Global Economy
Facebook Seeks To Advance Its Virtual Reality Business
Facebook Steps Into The Office

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .