• Cryptocurrency
  • Earnings
  • Enterprise
  • About TechBooky
  • Submit Article
  • Advertise Here
  • Contact Us
TechBooky
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
TechBooky
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Home Service news

Some Facebook News: Big Revenue, Over 1.55 billion Users, Now Worth $306b/60.9tr Naira

Paul Balo by Paul Balo
November 5, 2015
in Service news
Share on FacebookShare on Twitter

Facebook released some good earnings figures yesterday in spite it numerous investments like the new data centre, internet.org programs among others. The social media giant posted an 11% increase in its third-quarter earnings. The full earning report was made public yesterday but the most important thing you need to know is that Facebook’s “aggressive” ad sales push is working. They recorded a revenue of $4.5b/896b Naira/459KES in the third quarter of this year alone.

“Third Quarter 2015 Other Financial Highlights

  • Mobile advertising revenue– Mobile advertising revenue represented approximately 78% of advertising revenue for the third quarter of 2015, up from 66% of advertising revenue in the third quarter of 2014.
  • Capital expenditures– Capital expenditures for the third quarter of 2015 were $780 million.
  • Cash and cash equivalents and marketable securities– Cash and cash equivalents and marketable securities were $15.83 billion at the end of the third quarter of 2015.
  • Free cash flow– Free cash flow for the third quarter of 2015 was $1.41 billion.”

The news really got investors excited obviously because as of this afternoon, Facebook now had a market value bigger than General Electric. It is now worth $306b/60.9tr Naira/31.2tr KES   by Market capitalisation. The figure is up from the $250b value it was reportedly worth in just July. This puts Facebook in the fourth position after the Apple, Alphabet (The new Google parent company) and Microsoft.

tech companies market value

Source: Venture Beat

This has been a good year for the company even as it now reports 1.55 billion users a figure which was 1.49 billion as at July this year. Facebook’s WhatsApp now has over 900 million users as opposed to the 800 million in the same period. See chart below.

new Facebook user base chart 1

Latest Facebook Numbers, November 2015

 Facebook stats

Facebook Numbers, July 2015

For a company that’s a little over 11 years, these figures are quite good.

 

 

 

 

Related Posts:

  • Meta Posted A Great Q1 2023 Putting Their Stock On The Rise
    Meta Posted A Great Q1 2023 Putting Their Stock On The Rise
  • Pinterest Reports Impressive Quarterly Results, The Positive Sign Needed By Investors
    Pinterest Reports Impressive Quarterly Results, The…
  • Zoom’s Fiscal Second Quarter Revenue Falls Below…
  • Meta Reports Disappointing Second Quarter Earnings Report
    Meta Reports Disappointing Second Quarter Earnings Report
  • lenovo-yoga-book-feature-awesome-specs-android
    Apple Reports Impressive Fiscal Third Quarter…
  • Killings By Police March
    eBay Reports Better-than-expected Third Quarter…
  • Intel Reports Strong Revenue Growth In The First Quarter
  • Amazon Reports Impressive Results, Issues Positive Guidance For The Next Quarter
    Amazon Reports Impressive Results, Issues Positive…

Discover more from TechBooky

Subscribe to get the latest posts sent to your email.

Tags: alex fergusonfacebookhackonline piracytechbookyyoutube
Paul Balo

Paul Balo

Paul Balo is the founder of TechBooky and a highly skilled wireless communications professional with a strong background in cloud computing, offering extensive experience in designing, implementing, and managing wireless communication systems.

BROWSE BY CATEGORIES

Select Category

    Receive top tech news directly in your inbox

    subscription from
    Loading

    Freshly Squeezed

    • Truecaller Filters Verified Business Messages May 12, 2025
    • ChatGPT Deep Research Now Links to GitHub Repos May 12, 2025
    • Microsoft Offers Guide to Fix Windows Blue Screen Errors May 12, 2025
    • We’ve Invested $10b in Nigeria so Far – MTN May 12, 2025
    • Tech Hype vs. Reality – When Big Tech Missed the Mark Pt. 3 May 11, 2025
    • Google’s Antitrust Showdown, AI vs. Search, and other Headlines May 11, 2025

    Browse Archives

    May 2025
    MTWTFSS
     1234
    567891011
    12131415161718
    19202122232425
    262728293031 
    « Apr    

    Popular Tags

    africa (135) AI (498) android (367) app (717) Apple (577) artificial intelligence (419) business (482) china (132) cryptocurrency (210) ecommerce (122) enterprise (287) facebook (507) fintech (244) funding (121) gadget (558) gaming (201) google (710) government (469) instagram (173) internet (467) ios (291) iphone (246) meta (116) microsoft (369) mobile (352) new feature (384) nigeria (440) privacy (158) research (140) samsung (185) security (421) smartphone (277) social media (836) software (509) startup (419) streaming (174) telecom (242) tips (372) twitter (289) united states (216) users (158) videos (127) website (173) whatsapp (201) youtube (138)

    Quick Links

    • About TechBooky
    • Advertise Here
    • Contact us
    • Submit Article
    • Privacy Policy

    About Us

    TechBooky

    TechBooky is a social Tech blog with a special focus on the budding African Technology sector. TechBooky is currently based in Abuja, Nigeria.

    Recent News

    Truecaller Filters Verified Business Messages

    Truecaller Filters Verified Business Messages

    May 12, 2025
    ChatGPT Deep Research Now Links to GitHub Repos

    ChatGPT Deep Research Now Links to GitHub Repos

    May 12, 2025
    Microsoft Offers Guide to Fix Windows Blue Screen Errors

    Microsoft Offers Guide to Fix Windows Blue Screen Errors

    May 12, 2025
    The NCC Commissioned MTNN To Lease Spectrums From NTEL And Renew Its 3G Spectrum

    We’ve Invested $10b in Nigeria so Far – MTN

    May 12, 2025
    Tech Hype vs. Reality – When Big Tech Missed the Mark Pt. 1

    Tech Hype vs. Reality – When Big Tech Missed the Mark Pt. 3

    May 11, 2025
    Google’s Antitrust Showdown, AI vs. Search, and other Headlines

    Google’s Antitrust Showdown, AI vs. Search, and other Headlines

    May 11, 2025
    • Login

    © 2021 Design By Tech Booky Elite

    Generic selectors
    Exact matches only
    Search in title
    Search in content
    Post Type Selectors
    • African
    • Artificial Intelligence
    • Gadgets
    • Metaverse
    • Tips
    • About TechBooky
    • Advertise Here
    • Submit Article
    • Contact us

    © 2021 Design By Tech Booky Elite

    Discover more from TechBooky

    Subscribe now to keep reading and get access to the full archive.

    Continue reading

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok