Growing Pains for Facebook?
The good news for Facebook is that it officially surpassed the 900 million-user mark earlier this year. The "bad" news is that the social network is growing slower than in years past.
While it’s hard to undermine just how monumental a figure 900 million users really is, it’s also important to know that rapid growth has heretofore been Facebook’s primary means of generating revenue. And while it only took the site about five months to go from 800 million to 900 million worldwide users, it took just three months to expand from 700 million to 800 million.
Facebook is still the top dog in terms of social networking and, really, a lot of other things on the Internet.
Each of the 901 million Facebook users is worth $1.21 for the company, which shows a 6-percent increase from this time last year. Moreover, 532 million of them are considered “daily active users,” which is up from just 372 million a year ago.
Plus, the site is still valued at more than $100 billion, and Q1 revenue was up from this time last year, although it did see a slight net income decrease due to additional operating costs.