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Home / TECH GIST / Intriguing: Here’s How Much Money You’ve Made For Facebook.

Intriguing: Here’s How Much Money You’ve Made For Facebook.

Am pretty sure you  must have tried to imagine the revenue or profit Facebook accumulates in a year(because i have). While i was going about my routine research, i stumbled upon this mind blowing chart about Facebook’s revenue, damn i so want to be like Mark Zuckerberg

According to the latest earnings report, a lot of users are spending less time on Facebook, the company recorded a reduced watch time of 50 million hours, which is a drop of 0.035 hours. They also reported their first-ever decline in daily active users in the U.S. and Canada— it had 184 million daily users in this region in the quarter, down from 185 million in the previous quarter.

Despite the decline in the number of users, Facebook still raked in a record $12.97 billion in total revenue last quarter! That is not all, the average revenue per user (worldwide) hit $6.18, up from $5.07 in the last quarter.

In other words, on an average, Facebook made $6.18 off each user in Q4 of 2017.

As for the decline, Zuck isn’t exactly worried: He is more focused on ensuring that Facebook isn’t just fun to use, but also “good for people’s well-being and for society.” By “focusing on meaningful connections, our community and business will be stronger over the long term.”
COMEON, DO YOU WANT TO GO WITHOUT SHARING THIS ARTICLE? NOT FAIR

 

About Michael Iyeyi

Michael Iyeyi, CEO of Alphatekng.com is a humble tech enthusiast, a blogger, and a music freak with passion to impact lives positively.

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