Facebook profits dip before ipo

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Net profits of Facebook Inc declined year – on – year by 12 per cent in the first quarter to $205 million. Revenues, during the quarter increased by 45 percent to $1.06 billion. The user base of the company touched 901 million in the quarter. 82 per cent of the revenues of the company during the quarter came from advertising while 11 per cent came from gaming.

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https://casanjeevjain.blogspot.in/2012/04/facebook-profits-dip-before-ipo.html

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Replies (1)

as because no one actually derives the real secret  how it derives such huge profits ...

and plus the fb admin, , Lead managers , underwriters was also unable to explain to investors

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