Wednesday, January 28, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Facebook Reports Strong Fourth Quarter
Qualcomm Cuts Fiscal 2015 Outlook On Lower Chip Demand
Cloud Cryptographic Algorithm Protects Personal Data
Spying Program Runs Global Internet Watch: CBC
PlayStation Meets Spotify
Facebook Intros Trending Super Bowl
YouTube Now Defaults to HTML5
HP Led The Notebook Market In 2014
Active Discussions
Need major help with Gigabeat
New match-3 puzzle game launch now!
Rimage 2000i
Sound card for my Laptop
hello
full screen wide screen
Hi
About the restriction problem of chapter quantity in DVD
 Home > News > General Computing > Faceboo...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, May 02, 2013
Facebook's Ad Business Expands in Q1


Facebook saw its mobile advertising revenue to grow in the first three months of the year as the social network sold more ads to users on smartphones and tablets.

Facebook's revenue from advertising during the quarter was $1.25 billion, representing 85% of total revenue and a 43% increase from the same quarter last year. Mobile advertising revenue represented approximately 30% of the company's advertising revenue for the first quarter of 2013.

Facebook has rolled out a series of product launches in recent months, including an overhaul of its newsfeed and search feature, as well an app for Android smartphones that puts Facebook features front and center on phone homescreens.

The various initiatives have contributed to rising spending, with Facebook's 60 percent year-on-year increase in costs and expenses outpacing the 38 percent revenue increase.

Facebook said it earned $219 million in the first three months of the year, compared to $205 million, in the year-ago period.

Excluding certain items, Facebook said it earned 12 cents a share.

"We've made a lot of progress in the first few months of the year," said Mark Zuckerberg, Facebook founder and CEO. "We have seen strong growth and engagement across our community and launched several exciting products."

"We're starting to see real revenue from mobile app installs," Zuckerberg added, without giving details. "It's one of our most important new ad products."

Facebook's revenue in the first quarter totaled $1.46 billion, versus $1.06 billion in the year-ago period.


Previous
Next
LG To Start Producing Own Application Processor        All News        Intel Details Its Next-generation 'Iris' Graphics Chips
New CEO For Intel     General Computing News      Mozilla Says It Is Hijacked by Spyware Company

Get RSS feed Easy Print E-Mail this Message

Related News
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
Facebook Introduces AMBER Alerts
Facebook Buys QuickFire
Facebook And Android Top Digital Trends For 2014
Dutch Privacy Watchdog Probes Facebook
Facebook Says No To 'dislike' button

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 .