TSNF2


 
HomeFAQSearchRegisterLog in

Share | 
 

 Facebook Hit $800M in 2009 Revenue, Sources Say

Go down 
AuthorMessage
Ruby
Admin
Admin


Number of posts : 801
Registration date : 2008-11-26

PostSubject: Facebook Hit $800M in 2009 Revenue, Sources Say   Sat Jun 19, 2010 12:22 pm

>>Story<<

Quote :
800 million? That's a lot of advertising and, to be honest, a somewhat-unexpected amount of revenue for Facebook to be generating per year. But that's the figure, according to two sources that briefed the New York Daily News about Facebook's apparent financial success. As well, the sources have maintained that Facebook's profits for 2009 pushed the company into the black--a tantalizing metric for those dreaming of cashing in on a potential Facebook IPO.
Earlier projections by Facebook director Mark Andreessen had the company at an estimated $500 million in sales for last year, according to BusinessWeek. However, the company did announce last September that it had finally reached the point of being cash flow positive, indicating that it was generating enough money to cover the entirety of its expenses.

and more on the article
Back to top Go down
View user profile
 
Facebook Hit $800M in 2009 Revenue, Sources Say
Back to top 
Page 1 of 1
 Similar topics
-
» 2012 Wineries Unlimited Sweepstakes
» Facebook Like at the side of every page
» Marine Sources Monsker series skimmer
» funny Facebook posts ?
» [Hỏi đáp] Nút Like Facebook bị ẩn với khách ghé thăm trong Invision

Permissions in this forum:You cannot reply to topics in this forum
TSNF2 :: Facebook Q&A :: News-
Jump to: