Thursday, January 29, 2015
Facebook Sales Growth Slows Slightly
Facebook reported a 53% year-on-year rise in revenue to 3.85 billion US dollars (on a constant currency basis) in the fourth quarter of 2014, with revenue from advertising up 58%. The 53% figure represents a slight slowdown on revenue growth of 58% in the third quarter
Facebook said mobile advertising revenue represented approximately 69% of advertising revenue for the fourth quarter, up from approximately 53% of advertising revenue in the fourth quarter of 2013.
The social network flagged that it plans to spend between 2.7 billion and 3.2 billion dollars on capex in 2015, up from 1.8 billion dollars in 2014. source: Facebook statement
Labels: More apps
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