Featured Articles

AMD sheds light on stacked DRAM APUs

AMD sheds light on stacked DRAM APUs

AMD is fast tracking stacked DRAM deployment and a new presentation leaked by the company  points to APUs with stacked DRAM,…

More...
Nvidia officially launches the 8-inch Shield Tablet

Nvidia officially launches the 8-inch Shield Tablet

As expected and reported earlier, Nvidia has now officially announced its newest Shield device, the new 8-inch Shield Tablet. While the…

More...
Intel launches new mobile Haswell and Bay Trail parts

Intel launches new mobile Haswell and Bay Trail parts

Intel has introduced seven new Haswell mobile parts and four Bay Trail SoC chips, but most of them are merely clock…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
AMD A8-7600 Kaveri APU reviewed

AMD A8-7600 Kaveri APU reviewed

Today we'll take a closer look at AMD's A8-7600 APU Kaveri APU, more specifically we'll examine the GPU performance you can…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 25 July 2013 10:44

Facebook starts to turn around

Written by Nick Farrell

Value starts to rise

Facebook reported a second-quarter profit. The company's sales rose to $1.81bn, a 53 per cent increase from the previous quarter. This figure was a slight increase from the $1.62bn analysts expected the company would make.

Facebook stock has returned a mediocre performance since the company went public in May 2012, you can pick up a second hand Facebook share for $31.81 during after-hours trading. Part of the reason for the Facebook turn around is that it has finally managed to get more cash from mobile.

The amount of total advertising revenue jumped from 30 per cent in the first-quarter to 41 per cent in the second, comprising $656 million in sales. The company reported a $562m profit and $333m net income. This time last year, the company reported a loss of $157m in the second quarter.

The number of Facebook daily active users increased from 665 million in the first quarter to 669 million in the second. In June, the site had an average of 469 million daily users on mobile. Facebook had 819 million mobile monthly active users in second quarter of 2013, compared to 543 million in the second quarter of 2012. The new figures were also a boost from the 751 million reported last quarter.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments