Facebook announced quarterly results of 2017

[Uzair Nadeem]

[FONT=&amp]Today, Mark Zuckerberg founder of Facebook announced on his official Facebook account about their quarterly results and gave an update of progress in building a global community. He wrote:[/FONT]

"We just announced our quarterly results and gave an update on our progress building a global community.
Our community now has almost 1.9 billion people, including 1.2 billion people active every day. More than 65 million small businesses use Facebook to connect with their customers.
Our biggest focus continues to be putting video first across our family of apps. More than 150 million people now use Instagram Stories every day. Weve launched our new camera in Messenger and have started rolling it out in Facebook as well.
We have a lot more work ahead as we continue building the community we all want one that is informed, supportive, safe, and a force for good in the world. Thank you for being a part of this journey to connect the world."
​

Here are the key numbers from Q4:

• EPS (adjusted): $1.41 vs. $1.31 expected, up from $0.79 in the year-ago period.
• Revenue: $8.81 billion vs. $8.51 billion expected, up 51% from $5.84 billion in the year-ago period.
• Monthly active users: 1.86 billion vs. 1.84 billion expected.
• Daily active users: 1.23 billion vs. 1.21 billion expected.
• ​

[FONT=&amp]According to this report, there are 1.86 billion active users on Facebook while Instagram that is another social media platform has 600 Million active users. Approximately 1 Billion active users are found on WhatsApp and Messenger.

Article Source: http://www.itechurdu.com/facebook-announced-quarterly-results-of-2017/[/FONT]

 

[arafay]

Very impressive growth from a 12 year old tech company. However, growing from here on will be a challenge because there isnt much adult population left that doesnt already have a facebook account.

I think facebook has peaked and the only way is down from here on.

 

[Fawad Ramzan]

Mark Zuckerberg is doing exceptionally well in building global community

 

[yasirashraf271]

Faebook to google se bi top ja rahi hai is ki waja social website hai wobi maqbool tareen