image credit:-newsroom.fb.com |
Facebook announced the
financial result for the second quarter end june 30, 2014.We had a good second quarter mentions the Founder larZuckerberg.World's largest social netork is increasing with a phenomenal growth rate.
Accodring to the Press
released on its official website:-
Facebook’s revenue
generally comes from web advertising, mobile advertising and payment and other
fees, and this year it’s been great rise by the second quarter compared to the
last year’s.
Only the revenue from
the web advertising alone is 2.68 billion.The net income for the second
quate was $ 791 million which is up 138% compared to $333 million for the second quarter of 2013.
The report didn’t clear
how much this gaint social community is worth of, but according to the
Technology Magazine Techcrunch , Facebook is worth of $190
billion , that is much more than Amazon, half of google nd
microsoft.
This 10 years old
network seems to be ever growing .
Source:Facebook
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