Facebook Now Makes Most Of Its Money - 53% - From Mobile Ads

Advertisement

mark zuckerberg on phone 2

AP

Facebook earnings are being reported right now and it's a big beat all around.

Advertisement

One of the most stunning statements Facebook just made is that 53% of its revenue now comes from mobile - not desktop - ads.

When it went public during the spring of 2012, Facebook wasn't making any revenue from mobile ads. Mobile revenue is also up 23% from this quarter last year.

Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More

Here's how Facebook went from zero to 53% in less than two years.

Here are some more mobile stats from Facebook's earnings report:

Advertisement
  • Mobile daily active users were 556 million on average for December 2013, an increase of 49% year-over-year.
  • Mobile monthly active users were 945 million as of December 31, 2013, an increase of 39% year-over-year.
Next StoryThis Might Sound Crazy, But There Are Reports Saying Lenovo Is Going To Buy Motorola From Google For $3 Billion