During the renewal of the IPO application, it became known that in the first quarter of this year, Zuckerberg’s social network earned more than $ 1 billion.
And most of it came from advertising – $872 million. Net profit was $205 million. This is less than the same indicator for last year ($233 million) and the results of the previous quarter ($302 million).
Anyway, Facebook is the undisputed leader in terms of the number of mobile users. He has 500 million of them. In total, 901 million users are Facebook users. This is without taking into account the 35 million Instagram audience.
Recall that a year ago, the number of those who communicate on Facebook using mobile devices did not exceed 372 million people.
The full version of the document (IPO application) can be found here.