It’s earnings season and Facebook announced their Q2 data overnight. The biggest social network in the world now has 1.15 Billion monthly active users. Just when you thought everyone in the world was already using Facebook, they picked up around 400,000 new users since Q1.
The companies big move and focus into mobile is seriously paying off. Facebook earnt a total of $1.81B in revenue, which is an increase of 53%, with mobile making up a stunning 41% of ad revenue.
TechCrunch has some fantastic coverage on the Facebook Q2 results, so if you’re keen for more facts and figures, head over there for much, much more detail. Basically just know, things are well at Facebook.