Facebook’s net profit increased 200%      

Facebook founder and CEO Mark Zuckerberg

Facebook founder and CEO Mark Zuckerberg

New York … News Time

According to the popular social networking site Facebook in the fourth quarter of year 2015 is more than double the profit. Facebook says its net profit in 3 months till Dec 70 million increased from $ 10 million to $ 56 million to a billion. Facebook’s revenues in the period, 80 percent of which came from advertising on mobile phones last year was 69 percent. Facebook profits from the New York Stock Exchange after the announcement of the value of its shares soared 8.7 percent. Facebook-year earnings fell 44 percent to $ 17.9 billion, which could be up to $ 3.7 billion in net profit. MKM Partners analyst Rob Sanderson on the growing profitability has been exceptional. It is clear that the importance of what we provide advertising campaign. They divided them very useful method are providedand their quarterly performance shows that it is working very well. The number of monthly active users on Facebook, 14 percent of 60 million is about one billion last year, 44 million, of which a billion. Facebook founder and CEO Mark Zuckerberg said 2015 was the very best for Facebook, our community will continue to grow and develop our business. Two months after the birth of his daughter to leave the office on Monday come back.

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