About this weblog

What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Thursday, January 28, 2016

Facebook's Explosive Growth Continues


The world's leading social network Facebook reported a 52% year-on-year increase in revenue for the fourth quarter of 2015, outstripping the growth of 44% for the year as a whole. Facebook's annual revenue came to 17.9 billion US dollars, of which approximately half was generated in North America. In the fourth quarter, Facebook's revenue would have risen 60% in the fourth quarter, if exchange rates had remained constant. source: Facebook statement
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