Facebook Continues to Dominate Social Media Market

Facebook Continues to Dominate Social Media Market

VentureBeat reports that Facebook well exceeded investor predictions, and that “Wall Street analysts expected the company to bring in $6. 01 billion in revenue and an EPS of $0. 81 for the quarter. ” Facebook has steadily been gaining revenue, and users, for the last few years. “Our community and business had another good quarter,” said Mark Zuckerberg, Facebook founder and CEO. “We’re particularly pleased with our progress in video as we move towards a world where video is at the heart of all our services.

Read more here: Business

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