Friday, January 30, 2015

Facebook Higtly Increase Its Profits



Mark Zuckerberg, founder of facebook, said during the time facebook flooded on the stock market that his company have to find out how to earn money from mobile users - and quick, according Digital Marketing Agency.

What he dreamed have been coming into a reality. Facebook was reported a strong profit—fourth-quarter profits of $701m (£462m), a 34% rise on the same period a year ago. This company adds millions users.
It was reported that the advertising revenue of facebook increase by 53% to $3.59bn in which around 70% derived from mobile ad sales. Moreover, the social networking giant also said that its company now has active users around 1.39 billion each month.

Mr. Zuckerberg said in a statement accompanying earnings, “We got a lot done in 2014.”

The total profit for this 2014 were $2.9bn. But, because currently social network invested more in marketing and research and development, it make the amount of profit in company decrease from 44% to 29% from a year earlier.


No comments:

Post a Comment