Hello and thank you for using the “Ask A Question” service.
You are inquiring about how Facebook makes its money.
Facebook’s primary revenue appears to be from advertising via “Facebook Flyers”, “Facebook Polls”, and banner advertising. You can find more information about these services at: http://www.facebook.com/advertise.php. Additional sources of revenue come from strategic partnerships that Facebook makes with other companies such as Microsoft. You can read the latest press releases from Facebook at: http://www.facebook.com/press.php. The company’s Factsheet lists additional investors in the business, though neither the Factsheet nor the Statistics profiles of the company list any financial data.
At present, Facebook is still a privately owned company, and as such, is not obligated to disclose any financial information to the public. The company has not, to our knowledge, released any sort of financial information, so any revenue earnings are speculative – though their recent partnership with Microsoft suggests that the company is valued at $15 billion. Two recent articles from the Wall Street Journal Online suggest that this price/valuation is over inflated: http://blogs.wsj.com/deals/2007/10/24/facebooks-stratospheric-earnings-multiple/; http://online.wsj.com/article/SB119323518308669856.html?mod=hps_us_whats_news.
Thank you again for using the “Ask A Question” service. If you need more help, please use the service again or see the Information Desk in the Medicine Hat College Library (phone #: (403) 529-3867).
AAQ #: 38146
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