AfterDawn: Tech news

Facebook hits 900 million users

Written by Andre Yoskowitz (Google+) @ 23 Apr 2012 22:47 User comments (1)

Facebook hits 900 million users Facebook reported its quarterly earnings today, reaching a milestone of 900 million users.
Profit for the quarter fell to $205 million, down 12 percent year-over-year, even though revenue grew 45 percent to $1.1 billion for the period.

As expected, the company increased operating systems for marketing, sales and research and development. Money went towards mobile efforts as well as new advertising services and acquisitions.

Reported earlier, Facebook also purchased 650 patents from Microsoft, adding to the 750 they purchased from IBM in an effort to fend off a large Yahoo lawsuit.

Analysts expect Facebook to have $6.1 billion in full-year revenue, compared to $3.7 billion last year.

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1 user comment

125.4.2012 13:03

And yet this website is still unflowing, convoluted and a general clusterf*ck of nonsense with lame games and losers feeling to need to post "about to leave" or "hanging with friends now" or "taking a dump" blah blah blah.

Someone needs to invent a website that has less fluff and the same means to connect to old/current friends. Oh.....and a site that "flows" better rather than randomly linking you around.

FB junkies are such losers. Meaning....ones that spend a lot of time every day looking and coveting their friends' posts. Uggh! I HATE FB and so many people need girlfriends; including my girlfriend's brother.

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