Mobile revenue surge smashes Facebook’s earnings report

closeThis article could be out of date, as it was published 9 months 22 days ago.

Boosted by surging mobile revenue, Facebook has today smashed financial expectations with a full year revenue of $7.87bn, an increase of 55% year-over-year.

Revealed via the social networking giant’s financial results for the fourth quarter and full year ended December 31, 2013, the company’s tenth year of existence was marked with encouraging results.

Income from operations for the full year 2013 was $2.80 billion, while net income for the full year 2013 was $1.50 billion.

Daily active users (DAUs) were 757 million on average for December 2013, an increase of 22% year-over-year with mobile DAUs increasing to 556 million on average for December 2013, a rise of 49% year-over-year.

Monthly active users (MAUs) were 1.23 billion as of December 31, 2013, an increase of 16% year-over-year and mobile MAUs were 945 million as of December 31, 2013, an increase of 39% year-over-year.

“It was a great end to the year for Facebook,” says Mark Zuckerberg, founder and CEO, Facebook. “We’re looking forward to our next decade and to helping connect the rest of the world.”


Revenue for the fourth quarter of 2013 totaled $2.59 billion, an increase of 63%, compared with $1.59 billion in the fourth quarter of 2012.

* Revenue from advertising was $2.34 billion, a 76% increase from the same quarter last year.

* Mobile advertising revenue represented approximately 53% of advertising revenue for the fourth quarter of 2013, up from approximately 23% of advertising revenue in the fourth quarter of 2012.

* Payments and other fees revenue was $241 million for the fourth quarter of 2013.

Follow Us
on Google+

Hilton Auckland

As more and more conferences and events arrive in New Zealand, the opportunity to gain knowledge and build networks becomes better every day. Conferences can be hard work, and there’s nothing like retiring to a nice hotel room at the end of the day to relax and rest. But how do you turn a night in a hotel room into a lesson in building brand loyalty?   Read More →

Android App Review: Vimeo

NetGuide I review a lot of apps that, for one reason or another, aren’t that good. But it’s rare to find one that’s actually irredeemably broken. Video sharing website Vimeo’s app, however, is closer than it should be for an app with such obvious potential.   Read More →

Review: Samsung Gear S

NetGuide It takes something pretty special to stand out from the crowd in the smart wearable space. With new smartwatches and bands launching on a weekly basis, there’s lots of noise and plenty of confusion.   Read More →