Dwi Susilo

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2009, Facebook Reach USD 800 Million

Facebook financial performance increasingly showing its strength. Facebook in revenue in 2009 reached approximately USD 800 million. In fact, the net income of this social networking site for tens of millions of dollars recorded last year. Facebook in 2009 revenue doubled from the previous year. Earnings and revenue growth that shows how Facebook increasingly making money for six years. As is known, Facebook ranks as the largest social networking site in the world with nearly half a billion users. Thus, it is possible to generate investor interest to release the shares to the public (IPO), although the company's insistence that the IPO is not a priority in the near future. July last year, members of the Board Facebook Marc Andreessen told Reuters that the company is on track to earn income above $ 500 million. And in September, Facebook said that they were more positive cash flow, so the company can generate enough money to cover operating expenses and capital expenditure needs. Whereas previously, a variety of media to predict revenues reached USD 550 million Facebook to USD 700 million. In fact, two sources say that Facebook revenues in 2009 was USD700 million to USD 800 million. They play down the performance of Facebook. In fact in 2009 the income Facebook doubled from the previous year.