It’s that time of year again – yes! The time when Facebook releases its numbers. And this latest earnings report has some numbers that are quite extraordinary. Users (especially mobile users), revenue, profit… they have all gone up!
And my question is: “Is there any stopping Facebook?”. And my answer is: “Unlikely”.
Monthly active users (MAUs) have now reached 1.71 billion which marks a 15% increase from three months ago. But it’s not desktop users that we are interested in hearing about, because for the first time ever Facebook’s mobile daily active users (DAUs) have finally crossed 1 billion. 1.03 billion daily active users on mobile to exact. On a monthly scale, that’s just over 1.5 billion MAUs. Yes, that’s what I would call impressive! A 20% growth in one year!
If you like our stories, there is an easy way to stay updated:
A while ago, Facebook released a “lite” version of its mobile app, specifically for users in developing markets. It seems that this is now paying off. At the moment, 84% of Facebook’s revenue comes from ads on mobile. eMobile, however, is where Facebook has made the most gains. The site now entertains 1.57 billion monthly active users on handsets and tablets – that’s 20 percent more than a year ago.
Over the past three months, Facebook made close to six and a half billion dollars ($6.44 billion to be exact) in revenue, with a $2.05 billion profit. That is a huge jump from last year’s $719 million! In a release, Facebook’s CEO, Mark Zuckerberg, explained that
[quote]Our community and business had another good quarter. We’re particularly pleased with our progress in video as we move towards a world where video is at the heart of all our services.[/quote]
You might also like
More from Facebook
Facebook has clarified its guidelines for including music in videos and made improvements to copyright infringement notifications during live broadcasts.
Facebook is rolling out a new safety feature in India that allows users to lock their profiles from people who …
Facebook is officially launching Messenger Rooms with a brand new ad featuring Lizzo singing "All Together Now" from The Beatles.
Facebook has now announced that its new Messenger Rooms group video chat feature will also be available in Groups and …
After starting to roll out Avatars - its take on Bitmoji - in Europe last month, Facebook is finally bringing the feature …