News Articles

Thursday, January 31, 2013

Profit falls at Facebook while revenue rises

"In 2012, we became a mobile company", says Mark Zuckerberg

Facebook has reported its fourth quarter and full-year financial results for 2012, with quarterly revenue up 40% year-on-year to $1.585 billion but net income down over 78% to $64 million.

However, the social networking company noted that its research & development costs had more than doubled from Q4 2011.

At the end of 2012, Facebook had 1.06 billion monthly active users - up 25% from the previous year - while mobile monthly active users were up 57% to 680 million. The number of daily active users via mobile overtook the number of daily active web users in Q4 2012.

Most of Facebook’s quarterly revenue - 84% - came from advertising, with 23% of ad revenue being generated from mobile users.

Mark Zuckerberg, Facebook’s founder and CEO, said “In 2012, we connected over a billion people and became a mobile company. We enter 2013 with good momentum and will continue to invest to achieve our mission and become a stronger, more valuable company.”

[Presentation (pdf)]

Print
Author: The Fonecast
0 Comments
Rate this article:
No rating

Categories: Applications, NewsNumber of views: 6236

Tags: advertising facebook social networking

Leave a comment

This form collects your name, email, IP address and content so that we can keep track of the comments placed on the website. For more info check our Privacy Policy and Terms Of Use where you will get more info on where, how and why we store your data.
Add comment

Follow thefonecast.com

Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«December 2024»
MonTueWedThuFriSatSun
2526272829301
2345678
9101112131415
16171819202122
23242526272829
303112345

Archive

Terms Of Use | Privacy Statement