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October 24, 2012 12:25 am GMT
Facebook's big push on advertising in the last quarter is paying off for the company, judging by the growth in revenues. The company says that in Q3, it made $1.09 billion in advertising, a 36% increase from the same quarter last year and also a sequential increase compared to Q2's $992 million in ad sales. It's also becoming an increasingly important part of the revenue mix: it is now 86% of total revenues, compared to 84% last quarter.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/CrI86ThjPec/
Facebook Q3: Advertising Revenues Up 36% To $1.09B, Now 86% Of The Total Mix.
Facebook's big push on advertising in the last quarter is paying off for the company, judging by the growth in revenues. The company says that in Q3, it made $1.09 billion in advertising, a 36% increase from the same quarter last year and also a sequential increase compared to Q2's $992 million in ad sales. It's also becoming an increasingly important part of the revenue mix: it is now 86% of total revenues, compared to 84% last quarter.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/CrI86ThjPec/
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