Friday, October 20, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Intel Capital Announces $60 million of New Investments in Data-Focused Startups
Google Offers Bug Bounty for Mobile Apps
Nintendo Switch Update Brings Video Capture and More
Intel Health Application Platform Helps Health Care Providers Reduce Hospital Readmissions
Razer Electra V2 Gaming Headsets Bring Virtual Surround Sound and Aluminum Headband to Everyone
Alphabet Invests $1 Billion to Lyft
Microsoft TruePlay Anti-cheat Game Feature to be Added to UWP Games
Apple Cut iPhone 8 Production by 50 percent: report
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
Now You Can Order Food Through Facebook
Facebook Gets 3D Posts, Live 360 Videos
Facebook: 10 million U.S. Users Saw Russia-linked Ads
Facebook to Hire More Ad Reviewers After Russian Buys
Facebook to Provide Congress With Ads Linked to Russian Internet Research Agency
Facebook Opens AI Research in Montreal
Facebook Limits Ad Targeting Features Based on Religion, Education
Facebook Introduces New Rules on Advertising
Google Appeals Against EU Anti-trust Fine, Facebook Fined 1.2 Million Euros
Facebook Ad Statistics Differ From Census Data
Facebook could charge businesses for WhatsApp
Facebook Wants to "Steal" Some Ad Dollars from Youtube

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 .