Facebook Announces 1.49 Billion Users Monthly And Its Revenue Rises 39 percent


Facebook Announces 1.49 Billion Users Monthly And Its Revenue Rises Up to 39 percent.

Facebook Community Has Been Updated Reach 1.49 Billion Per Month. Company also updating their revenue which rises up to 39 percent.


Mark Zuckerberg updated in his FB Page,

"We just announced our quarterly earnings and gave an update on our community's progress.
1.49 billion people are now part of our community.
In 1876, the year the first telephone call was made, around 1.49 billion people were alive.
With each generation, the world is growing closer together. One day our community will connect everyone. Thank you for being a part of our mission and our community."






Facebook also updating Second Quarter Revenue reports.

Facebook said the quantity of clients who check their record at any rate once per month developed to 1.49 billion, from 1.44 billion as of March 31. Of those, Facebook said 968 million check in day by day, up from 936 million in the first quarter by WSJ report.

Facebook said they are mostly get revenue from mobile advertising about 76% as compared to 73% in the first quarter and 62% in the second quarter a year back. Economic analyst eMarketer gauges that Facebook will catch 16% of the $69 billion portable advertisement showcase this year, second just to Google's 35%.

According to Forbes,
Facebook said Wednesday that revenue for the three months ending on June 30 rose 39% to $4.04 billion, from $2.91 billion in the same quarter a year earlier. Analysts polled by Yahoo expected sales of $3.99 billion.

For the three months ending on June 30, the company reported second quarter net income of $719 million, or 25 cents per share, down from $791 million, or 30 cents per share, in the same period last year.

See Facebook Reports Second Quarter 2015 Results


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About iGadgetware iGW

A Social Media and Cyber Security Expert. Love to write about latest technology and Gadgets.