Quote:
It makes most of its money through advertising.
As a private company, Facebook does not have to publish its accounts.
However, reports last year suggested it made a net profit of $355m (£225m) on revenues of $1.2bn (£762.5m) in the first nine months of 2010.
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If they go public I assume, correct me if I'm wrong. they have to publish accounts. I've heard they turned over $5 billion last year. At the same profit ratio that $1.25 billion or close to it.
Online company makes $1.25 billion a year. Price $5 billion tops. IMO
The 100 billion we hear talk of is not going to happen.
Aden doesn't matter if they live there. They get paid when those living there click on an ad and buy something.