Thursday, September 8, 2011

Report: Facebook doubles its revenue

Report: Facebook doubles its revenue

The online networking site Facebook seems fuller in the face of
advertising revenue to thrive. Usually reported as the well-informed
Wall Street Journal, Facebook was in the first half of its revenue to
double to 1.6 billion dollars (1.1 billion euros). The newspaper on the
basis that one person was inaugurated. In the first half of 2010, sales
have been as high as 800 million dollars.

In the face of now about 750 million members around the world, the
network is interesting for advertisers firms. Facebook should be
regarded as one of the fiercest rivals of the Internet service provider
Google, which rakes in billions, especially with his view on the results
of its search engine.

The exact figures are Facebook-hard to get. The company must keep the
figures secret because it is not listed on the exchange. But that could
change next year, according to the Wall Street Journal could be the
social network operators start publishing its accounts in April 2012.
Investors speculating on a mega-IPO. The total value of Facebook is
estimated at 50 billion to 100 billion dollars.

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