Facebook published new stats in an amendment to its S1 documents.  These new stats depict Facebook’s growth and revenue up until March 31st.  The new stats demonstrate once again how profitable and popular Facebook is.

In just one year, Facebook has managed to increase the number of monthly users from 680 million to 901 million.  The number of daily users has also increased from 372 million to 526 million.  About 125 billion friendships are documented on Facebook every single day.  These stats show what a staggering impact Facebook has on our lives.  Even the number of monthly mobile users is remarkable, totalling at 488 million users.

Regarding profit, Facebook’s revenue increased from $731 billion last year to $1.058 billion.  However, the net income of this quarter did decrease from last year’s quarter.  If Facebook’s purchase of Instagram does not pan out then Facebook will have to pay $200 million.  The deal is itself worth $1,010,470,000.  As Facebook users already share 300 million photos every day on Facebook, it made sense for Zuckerberg to buy Instagram.  Facebook’s purchase of Instagram will allow it to further its presence in photo sharing.  Whether or not this billion dollar purchase of Instagram will pay off, only time will tell.  Critics of the purchase claim that Instagram may prove to be a passing trend that will quickly become outdated.  Other criticism is that Instagram will not have any positive effect on Facebook’s number of users or profit.

 

For more on the S-1 Amendment

For more on Facebook’s purchase of Instagram

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