Friday, July 27, 2012

Facebook now has 955 million worldwide users

Facebook has made its first financial announcement since becoming a public company in May. The social network said it now has 955 million users worldwide who sign on at least once a month, 54 million more comparing to a total of 901 million users which Facebook said it had in April.

According to the charts in Facebook's investor page, 186 million users come from the US and Canada, 246 million from Europe, 255 million from Asia, while the other 268 million come from the "rest of the world". Facebook also said that 552 million of its users worldwide sign onto the service on a daily basis. It also claims to have 543 million users that use the service via mobile devices.

In terms of revenue, Facebook said that for the second quarter of 2012, it generated $1.18 billion, compared to $895 million in the same period a year ago. The company recorded a loss of $157 million, but that number was mainly due to a number of one time stock compensation charges related to Facebook's IPO launch. Investors apparently don't like these news as the stock price is going down 10 percent in after-hours trading.

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