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English Subtitles

One of the most mind blowing things about Facebook is how many people use it.

At the end of march over 1.1 billion people were actively using the site each month.

And Webber Securities estimated that number may have climbed by over 50 million users in the past three months alone.

All those eyeballs may have helped Facebook generate over $1.6 billion in its second quarter.

But compare that to Google....

...with sales over that same stretch north of $11 billion.

Even so, Facebook's revenue likely grew 37% from last year.

That's stronger growth than Google and stronger growth than its own business 12 months ago.

Now most of Facebook's revenue comes from advertising and Facebook's been actively moving customers from Facebook ads on PCs to ads on its mobile products.

Research firm Spruce Media estimates 38 percent of Facebook's second quarter ad sales were allocated to phones and tablets.

Up from 30% in the first quarter.

And keep an eye on Instagram.

When Facebook bought the photo sharing service in April of last year 22 million people were actively using it each month.

A number that has soared by over 100 million by this spring.

Introduction

How quickly has Facebook grown over the last few years? How many users does it have now? How many of those users access Facebook via mobile devices? All the answers, and more, in this video from Bloomberg.

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