Facebook Turns Over £1 Billion In 6 Months
According to Reuters news agency Facebook has generated turnover of £1 Billion ($1.6 Billion) in the first six months of 2011 and made a net income of £312 Million ($500 Million).
As Facebook is a privately owned company it doesn’t disclose financial results but the figures are said to have been supplied by an inside source.
If correct it would seem that Facebook, with approximately 750 Million members has doubled its profits from last year.