Facebook Reveals its Q4 Revenu of $1.585 billion, $64 million in net income

Posted on Jan 31 2013 - 8:46am by Huzoor Bux

Fbook’s reveals its Q3 earnings. Mark Zuckerberg and company have finished year 2012 on a financial high note, however, as Fbook collected $1.585 billion in profits, an increase of 40% year-by-year — and net revenue of $64 million. The no. of users on Fbook also growing continuesly, with its monthly active user count burgeoning to 1.06 billion as of Dec 31, 2012.

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Interestingly more users used Fbook on mobiles and tablets than on the web for the 1st time in the Fbook company’s journey. Profit came from mobile is not commensurate with the usage stats, however. Phone advertising accounted for just 23% of the ‘Fbook’s total ad ernings, though that is an expand from 14% in Q3, so that balance may be stable.