For a part-time project that started off in Zuckerberg's dorm room, the ex-Harvard student has certainly done well for himself - especially since celebrating the news of acquiring an impressive 901 million active Facebook members under his social networking belt.
Just two months ago, Facebook had over 845 million active users logging into the site each month along with 500 million members using the social network on a daily basis. Now though, the service is proud to announce the figure of 901 million monthly active members as well as 526 million daily users - according to the company's fourth amendment to its IPO filing:
As of March 31, 2012, we had 901 million MAUs, an increase of 33% from March 31, 2011. We experienced growth across different geographies, with users in Brazil, India, and the United States representing key sources of growth. We had 45 million MAUs in Brazil as of March 31, 2012, an increase of 180% from the same period in the prior year, and we had 51 million MAUs in India as of March 31, 2012, an increase of 107% from the same period in the prior year. Additionally, we had 169 million MAUs in the United States as of March 31, 2012, an increase of 15% from the same period in the previous year.
Yet whilst Facebook is enjoying a surge in revenue, their profits tell a different story. Earning $1.1 billion in revenue during the quarter ending 31 March, this is a 44.7 per cent increase from the same timescale as last year - but profits have dipped, with the social network's net income for the first quarter of 2012 coming to $137 million, down 10.7 per cent year-on-year.
Source: ZDNet (opens in new tab)