London, UK -- (SBWIRE) -- 05/10/2013 -- Danny Sawrij Facebook member recently caught up on the latest findings of this social networking site. The report painted a somewhat confusing picture – profits were found to be significantly lower than the numbers forecasted by analysts, whilst advertising revenues appear to be growing steadily. However, one thing has become very clear; the company is almost certainly beginning to expand and is experiencing some growing pains as a result of this.
Despite the numerous tweets on the Danny Sawrij Twitter feed claiming that Facebook is no longer used by many people, the figures released in the report suggest otherwise. There are now more than 1.1billion active users on Facebook each month – this means that at least 100 million people have joined the site in the last six months alone. It is thought that a lot of these new members are from developing countries, as virtually everyone in places like the UK and the US already have a Facebook page (even if they don’t use it very often). However, a representative from Facebook has insisted that there is still a growing number of new users from developed countries.
In December of 2012, the number of UK Facebook users rose to 33 million, although not quite as many have joined since then. By Christmas time in the US last year, there were approximately 174 million users, but again this growth has slowed down considerably over the last few months. In the Danny Sawrij LinkedIn groups, a number of people noted that there has been a marked decline in the number of desktop Facebook users, but this drop in growth has been compensated for by the high number of mobile users.
The report also mentioned that Facebook’s advertising revenues are much higher within their mobile user groups. This evolution of Facebook, from desktop to mobile – and the money that comes with this move -is what many say will ensure its future success. The founder, Mark Zuckerberg still remains on the Danny Sawrij rich list. Many of those who were brave enough to purchase shares in Facebook during the recent IPO will be glad to hear that revenues for this social networking site are, on the whole, definitely on the rise. This growth also means more jobs – Facebook has expanded its UK operation, due to its latest venture Graph Search – and several new engineers and web experts have been hired to bring this project to life.
Name: John Johnson
Location: UK, London