Friday, September 9, 2011

Facebook Revenue Increased doubles in First-half of 2011

Facebook reported revenues doubled to $ 1.6 billion in the first half of 2011.

This information was reported by Reuters, citing sources who know the internal Facebook such financial data. According to sources, the net profit in the first half of 2011 reached nearly $ 500 million.

Reinforcement is a bit much is contributed by investors seeking to push valuations up to USD 80 billion figure in the private market. Many industry observers estimate the number one social networking in the world will go public in 2012.

Reported by Reuters and cited, Friday (9/9/2011), the increasing popularity of Facebook among advertisers and is backed by a 750 million users have contributed to the achievement of Facebook.
However, not all scooped up from advertising revenue. Facebook is also reported to benefit 30 percent of sales of various virtual objects that enhance the experience of playing social games such as Farmville.