When Facebook's IPO hit the market, many were excited, but many were also skeptical. It almost seemed as if Facebook had a great run but that as a company and stock offering, it might start fizzling out. After all, it seemed like Facebook had reached its height as far as popularity once the IPO was finally out there.
Boy were all the skeptics wrong. Facebook still is the predominant social media outlet, and they have control over so many aspects of online business. Everything was set up for the company to turn extremely nice profits post-IPO, and that trend has definitely continued.
Most of that money came from mobile ads, which brought in 62% of Facebook's advertising revenue. This is up from 41% this time in 2013. They also made $235 million in revenue from payments and fees. When commenting on the report, Facebook founder Mark Zuckerberg seemed pleased about the company's growth. He expressed interest in the opportunities the company had ahead of them, particularly global opportunities.
When commenting on the report, Facebook founder Mark Zuckerberg seemed pleased about the company's growth. He expressed interest in the opportunities the company had ahead of them, particularly global opportunities. Financial growth wasn't the only kind of growth that Facebook experienced. They also saw a dramatic increase in their user base. The company claims to have 1.3 billion active users, which is a 14% increase from last year.
How many people use Facebook worldwide? An estimated 1.32 billion people use Facebook, which is a number that is still growing! Other statistics during the 2nd quarter were better than the previous quarter for Facebook as well, so you can bet that people are excited and buying shares. Facebook recently closed at 71.29. Where is it at by the time you read this?
There are endless results out there showcasing how FaceBook is the largest social media platform in the world. The stock has closed up around $71 and is still rising. This showcases that a downfall is not even remotely around the corner considering how things are transpiring. The expectations at the moment were coming in at $0.32 increases across all shares. However, this has been smashed as FaceBook was able to increase their shares by $0.42. This is a significant amount of money in terms of an increase considering how many shares are out there at the moment.
Boy were all the skeptics wrong. Facebook still is the predominant social media outlet, and they have control over so many aspects of online business. Everything was set up for the company to turn extremely nice profits post-IPO, and that trend has definitely continued.
Most of that money came from mobile ads, which brought in 62% of Facebook's advertising revenue. This is up from 41% this time in 2013. They also made $235 million in revenue from payments and fees. When commenting on the report, Facebook founder Mark Zuckerberg seemed pleased about the company's growth. He expressed interest in the opportunities the company had ahead of them, particularly global opportunities.
When commenting on the report, Facebook founder Mark Zuckerberg seemed pleased about the company's growth. He expressed interest in the opportunities the company had ahead of them, particularly global opportunities. Financial growth wasn't the only kind of growth that Facebook experienced. They also saw a dramatic increase in their user base. The company claims to have 1.3 billion active users, which is a 14% increase from last year.
How many people use Facebook worldwide? An estimated 1.32 billion people use Facebook, which is a number that is still growing! Other statistics during the 2nd quarter were better than the previous quarter for Facebook as well, so you can bet that people are excited and buying shares. Facebook recently closed at 71.29. Where is it at by the time you read this?
There are endless results out there showcasing how FaceBook is the largest social media platform in the world. The stock has closed up around $71 and is still rising. This showcases that a downfall is not even remotely around the corner considering how things are transpiring. The expectations at the moment were coming in at $0.32 increases across all shares. However, this has been smashed as FaceBook was able to increase their shares by $0.42. This is a significant amount of money in terms of an increase considering how many shares are out there at the moment.
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