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Social Media - Search Engines - Browsers => Social Media => Topic started by: javajolt on April 29, 2014, 02:03:18 AM
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Facebook recently released its Q1 2014 financial results. The company reported a revenue of $2.5 billion, up 72% from Q1 2013, but we are looking at an even more important statistic. Facebook's report also revealed their average revenue per user for users belonging to different geographical regions. As expected, US & Canada score is $5.85, whereas the average user in Asia is only contributing $0.93 to Facebook's revenue. However, the ARPU now stands at $2, which is a massive improvement over $1.35 in the same quarter last year.
Facebook's stock price is $62. The company has upped its target stock price from $80 to $85, on the base of strong Q1 2014 results.
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source:nextpowerup│via:mashable