Thursday, November 3, 2016

Facebook passes a billion daily mobile users – NU.nl

this is evident from the quarterly figures that the company Wednesday evening published after the close of the exchange trading in New York. A year ago, earned Facebook a profit of 896 million dollars (807 million euros).

The company performed better than the second quarter of this year. At the time, posted Facebook is still a profit of more than $ 2 billion.

total sales increased in the last quarter to 7 billion dollars (6.3 billion euros), 56 percent more than in the same period last year.

Mobile

Last quarter, there were 80 million facebook users. The social network has now for the first time more than a billion daily mobile users, and 1.18 billion daily active members. The company has about 1.8 billion monthly active users, an increase of 16 percent compared to a year earlier.

The company earned by far the most on mobile ads, which were responsible for 84 percent of the ad revenue. That increased to 6.8 billion dollars.

Facebook, owner of Whatsapp and Instagram, performed better than was expected by analysts. The earnings per share came in at 1.09 to the dollar.

Share

Despite the favorable figures, the decline in the share of Facebook after trading hours by 7 percent. Financial officer Dave Wehner warned against analysts that the advertentiegroei in the future will weaken. The company expects soon to be at a point where it becomes impossible to have more ads in the timeline of users.

Facebook has in recent years a lot of criticism over alleged censorship in the run-up to the U.s. elections or in photographs such as the iconic ‘napalmfoto’ from the Vietnam war. Researchers from the Pew Research Center becijferden that two-thirds of facebook users, the social network for news-gathering.

Facebook has in recent years a lot of criticism over alleged censorship in the run-up to the U.s. elections or in photographs such as the iconic ‘napalmfoto’ from the Vietnam war. Researchers from the Pew Research Center becijferden that two-thirds of facebook users, the social network for news-gathering.

Mobile ads

By: NU.nl

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