4.27 Billion USD: Facebook’s Global Revenue This YearSeptember 20, 2011 11:01 pm
“Global revenue for the world’s most trafficked social platform will hit $4.27 billion this year, up from $2 billion last year, according to a forecast issued today by digital market research company eMarketer.
Facebook is also on track to pull in $3.8 billion from advertising worldwide, that’s up 104 percent compared to last year’s $1.86 billion. While brand advertising remains a primary revenue stream, analysts at eMarketer and elsewhere anticipate advertising revenue to decline as the company continues diversifying its model.”
Read more: http://news.cnet.com/8301-1023_3-20109007-93/facebook-global-revenue-expected-to-hit-$4.27b/#ixzz1YXJw81Rh