Facebook announced 3 billion dollar revenue over Q3 earlier this week, which is the first time the company has come in over 3 billion dollars over a quarter. It represents a 60% growth year on year.
The headline act was given great back up by supporting ones too; 1.35 billion monthly active users and 864 million daily users are both above 13% year on year growth, with the mobile monthly active user base growing by nearly 40%. It is hardly surprising to see these figures on the rise with ever growing functionality and the big boys expect around 45% growth in Q4. Numbers that certainly aren’t to be messed with.
Need we say more? Not really no.
P.s They also said Instagram users spend 21 minutes per day on the app.