Friday, 30 January 2015

Facebook declared fourth-quarter profits of $701m (£462m)

Tags

Advertising revenue of Facebook has increased by 53% and touched the extent of $3.59bn. 70% of which has been earned from mobile advertisements sale. The Jack of Social Network has now 1.39 billion active users every month that is 13% more than the statistics of the previous month.
In a (press release), Mark Zuckerberg said that they have done a lot in 2014 which means the 2014 has proved to be the most profitable year in their history.
Total profits have increased almost double of in the year 2013. It has gone upto $2.9bn.The amount Facebook is conceding on R&D  tripled to $1.1bn this quarter, as the company spent considerable sums on improving and making its various products such as Instagram, WhatsApp and virtual-reality headset maker Oculus Rift, as well as its own messaging products and video chat services.
Facebook has objectives to connect the whole world and become the money giant. Still the matter of thinking is that, company has invested a huge money and as the consequence, the revenue generated per dollar invested has decreased at the rate of 50% that is recoverable as the Founder is saying in his post.

Hi There, I’m Vashishtha! Just another tech-savvy blogger on the plannet with a super power of troubleshooting.


EmoticonEmoticon

:)
:(
hihi
:-)
:D
=D
:-d
;(
;-(
@-)
:o
:>)
(o)
:p
:-?
(p)
:-s
8-)
:-t
:-b
b-(
(y)
x-)
(h)