The wealth that social networking built is simply astounding. Facebook earns quarterly revenue of $1.21 per user and has over 900 million users.
Facebook makes an average of $1.21 on you per quarter, depending on who you are and where you live according to documents filed today....Now to keep growing its business, it will need to earn more per user by showing them more accurately targeted ads that advertisers will pay more for, or it needs to sign up more users. The latter is getting tough, as with 901 million users, one in 7.7 people on Earth uses Facebook every month.
Read the rest here
Articles | Website