"As Facebook reported another quarter of strong revenue and profit growth on Wednesday, its executives made one thing very clear: The company’s money machine has just begun to spit out the cash.Facebook Profit Tripled in First Quarter - NYTimes.com
Two out of three of Facebook’s 1.28 billion monthly users log in to the social network every day, the company said. Americans spend about one-fifth of their time on mobile phones checking Facebook, according to comScore, a research firm."
Thursday, April 24, 2014
Facebook Profit Tripled in First Quarter - NYTimes.com
Evidently the most recent round of Facebook eulogies was premature...