Facebook doubles its revenue While Yahoo going Decline
The Facebook have become a major attraction for thousands of companies from different countries that are advertised regularly in the popular social network. And thanks to the support of advertisers, the company has doubled its revenue in the first six months of the year over the same period in 2010. Some data may be of interest to prospective investors, Facebook is likely to begin public in 2012.
These positive economic data come in better time for the company, as the 10 million users attracted by Google+ in its first two weeks of life could be synonymous with a decrease to revenue from Facebook. However, it seems that it will not be so at least for now, but will have to wait several months to really know how it has affected the jurisdiction of the new social network.
But despite the smooth running of the business in Facebook does not seem willing to stay there, and will continue to implement new services to continue to attract users. Currently scheduled in the coming months we can listen to music through the popular social network, through applications of other companies and Rapshody called Spotify, which presumably will be another good source of revenue for the company.
In the U.S., one third of the crews is published online ads advertising for Facebook. And there are millions of people around the world who spend hours connected to the social network sharing photos and commenting on the statements of his friends and acquaintances. With data like this is not surprising that the company will great.