There's nonetheless no stopping Fb

Amid a surprisingly rocky week for know-how corporations (particularly, Apple’s revelation that iPhone gross sales are lastly slowing down), it is all sunshine and rising metrics for Fb. Its revenues for the primary quarter reached $5.four billion, up fifty seven % from final yr when it was simply $three.three billion. That is about 10 % larger than most Wall Road estimates.

And after reaching the billion rely for many of its customers metrics, Fb is getting even nearer to breaking that determine for month-to-month day by day customers, which clocked in at 989 million (a 24 % bump from final yr). Certainly, cellular continues to be Fb’s largest space of progress — it additionally noticed a 21 % leap in cellular month-to-month customers, reaching 1.fifty one billion.

On the subject of customers throughout all platforms, Fb noticed a sixteen % improve of individuals coming in day by day (now 1.09 billion) and a 15 % leap in month-to-month customers (1.sixty five billion). The large takeaway? It is principally what we stated through the firm’s final quarter: Fb’s progress seems to be unstoppable.

All the further income and customers made for a whopping 87 % leap in revenue, going from $1.2 billion final yr to $2.2 billion.

Creating…

Supply: Fb
Devindra has been obsessive about know-how for so long as he can keep in mind — beginning with the primary time he ever glimpsed an NES. He spent a number of years fixing different individuals’s computer systems earlier than he began down the treacherous path of writing about know-how. Mission completed?

Shares

Share

Tweet

Share

Save

Feedback