Facebook is the most popular social networking site at present. Facebook’s main earnings source is advertising as Facebook dose not manufacture mobile handset or had its own operating system but Facebook has got billions of monthly active users.
Facebook Released Q1 2013 Earning, the quarter just ended on 31st March 2013. Total $1.46 billion revenue in the first quarter of 2013 from last year’s same quarter’s $1.06 billion, this is 38% increase. Most of it or almost 30% which is about $375 million came from mobile advertising. This is a nice steady go for Facebook as it is increasing slowly and strong. Revenue from advertising was $1.25 billion which is 85% of total revenue and 43% increase from last year’s same quarter. [Read more…]