Over $2 billion in profit for the quarter, up from just $719 million a year ago. That’s amazing growth. Among their highlights:
They’ve completely pivoted from a website meant for PC browsers to a mobile company with a slew of popular apps.
The rise was driven by strong mobile ad sales, as well as a steady
ascent in its number of users. Facebook now counts 1.71 billion
monthly active users, up 15 percent from a year ago. And in a sign
of how indispensable the social network is to people, the amount
of money the company can squeeze from each user globally jumped to
$3.82, up from $2.76 a year earlier. In the United States and
Canada, Facebook’s most valuable markets, the company makes an
average of $14.34 per user.