Facebook's shares had been falling all day on Thursday, ending down 8.5% at $26.84, as investors feared the company would miss analysts' projections. They continued to fall in after hours trading, dipping below $25 for the first time since May's initial public offering.
The company reported it had 955 million monthly active users as of June 30, 2012, an increase of 29% year-over-year. The number of mobile users reached 543 million as of June 30, 2012, an increase of 67% year-over-year. For the second quarter, Facebook posted a loss of $157m."
Source: The Guardian, 27th July 2012
1 comment:
facebook is fater growing social network site and now smartphone user are going online with their Mobile Phones
i think after 3 years facebook get more users from smartphones and other deive like tablates
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