Friday, April 28, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Kodi Clarifies DRM Stance, Shuts Down Rumors
ASML Countersues Nikon Over Alleged Patent Infringement
Image Sensors, Batteries And Playstation Boosts Sony's Profit
Cost Cuts Start Paying Off For Sharp
New Nintendo 2DS XL Gaming Handheld System Coming On July 28
KINGMAX Targets Gamers With ZEUS DDR4 Modules
Microsoft Cloud Strength Highlights Third Quarter Results
Alphabet Posts 1Q Profit
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 > Mobile ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, October 30, 2013
Mobile Ads Push Facebook's Revenue


Facebook on Wednesday said that a robust growth in its mobile advertising business drove a 60 percent increase in revenue for the third quarter, which ended September 30, 2013.

"For nearly ten years, Facebook has been on a mission to connect the world," said Mark Zuckerberg, Facebook founder and CEO. "The strong results we achieved this quarter show that we're prepared for the next phase of our company, as we work to bring the next five billion people online and into the knowledge economy."

Facebook's revenue for the third quarter of 2013 totaled $2.02 billion, an increase of 60%, compared with $1.26 billion in the third quarter of 2012.

Revenue from advertising was $1.80 billion, a 66% increase from the same quarter last year. Mobile advertising revenue represented approximately 49% of Facebook's advertising revenue for the third quarter of 2013.

Payments and other fees revenue was $218 million for the third quarter of 2013.

Facebook also said it earned net income of $425 million, or 17 cents a share, in the three months ended September 30, compared with a net loss of $59 million, or 2 cents a share in the year-ago period.

Facebook also announced a number of new milestones. The social network has now passed 1.19 billion monthly active users. Of those, daily active users passed 728 million on average during September 2013, and the number of monthly active mobile users hit 874 million.




Previous
Next
Toshiba Launches New 19nm Embedded NAND Flash Memory Modules        All News        Hackers Stole Account Info of 38 million Adobe Users
Sony Posts Quarterly Loss     General Computing News      Hackers Stole Account Info of 38 million Adobe Users

Get RSS feed Easy Print E-Mail this Message

Related News
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
Facebook Is Launching Group Payments in Messenger
Facebook's Mobile Assistant M Now Offers Suggestions For Chatting
Facebook To Educate Users Identify Fake News
Facebook To Protect Intimate Images
Facebook To Add More Wifi Hotspots In Africa
Facebook Attacks Snapchat With New Camera Features
Facebook's Messenger App Will Expose Your Location For An Hour
Facebook Introduces Message Reactions and Mentions For Messenger
Now You Can Go Live On Facebook From Your Computer

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 .