Facebook on Wednesday reported that profit in the second quarter more than doubled and revenue beat estimates for the ninth straight quarter - - Facebook books half its global revenues in Ireland and the jump in revenues is reflected in Irish services exports.
About 62% of Facebook's ad revenue now comes from
advertising on mobile devices, which this year is expected to eclipse
newspapers, magazines and radio in the US for the first time, according to
eMarketer, as reported by The Wall Street Journal.
"We had a good second quarter," said Mark Zuckerberg, Facebook founder and CEO. "Our community has continued to grow, and we see a lot of opportunity ahead as we connect the rest of the world."
Daily active users (DAUs) were 829m on average for June 2014, an increase of 19% year-over-year. while mobile DAUs were 654m on average for June 2014, an increase of 39% year-over-year.
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