On its first three years as a public company Facebook has come a long way, Facebook today is progressively mobile although people around the world, applicable to those who are connected on the internet have already signed up for this giant social networking but surprisingly new users keeps on signing up. That is why the company has now 1.44 billion monthly active users, and 1.25 billion on mobile, an increase of 13 and 24 percent, correspondingly. Asks of how many people are using Facebook service every single day? There are a massive users of Facebook every single day that totaled to 936 million people. Can you imagine how Facebook impacted the life of these millions of people?
Facebook revenue continues to rise.
A 42 percent increase to its revenue from last year is enjoyed by Facebook today. Now Facebook posted a revenue of $3.45 billion. Break it down Facebook posted that the 73 percent of its revenue is coming from the mobile ads the rise in this area is obvious since last year its mobile revenue has only 59 percent of share to its total revenue. In terms of earnings the famous founder of Facebook, Mark Zuckerberg had dropped the bomb according to him what Facebook sees now is a billion searches on mobile every day.
2015 vs. 2014 revenue of Facebook
In 2014 Facebook has a net income of $926 million for the first quarter of 2014 while in the first quarter of 2015 the company had a net income of $1.19 billion a relatively 28 percent rise of its revenue for the first quarter of 2015.
Video is exploding on mobile that is what Sheryl Sandbderg has to say. In line with this Facebook has more than four billion video views daily.
Facebook Operation Expenses
As the company’s revenue rise so thus its costs. Over a year an increase of 83 percent was spent for its operation. A certain amount of $2.61 billion the total amount Facebook spent. On the other hand its founder Mark Zuckerberg has a solid determination to bring his company to a higher level. Its founder since the beginning of his company befriended change and improvement is always in the works. Now Facebook will continue to invest with what’s should be technology’s next big thing.
Solar-powered drones and Virtual Reality
It is technologies next important shift and Facebook clearly set sails towards it that is why the biggest slice of the cake goes to Facebook’s research and development and it is also the company’s department that opens a lot of doors to employment.
Facebook as a public company has a solid determination and is never afraid to step up to the next level. The company is always on the quest to improve its value and the first benefactor of this is the millions of Facebook users all over the globe.