If a new report from TBI Research is accurate, Facebook “is about to hit a $1 billion annual revenue run-rate”. We have been expecting Facebook to blast through their previously stated $500 million projection for this year, and surpass all the publicly available projected numbers for next year. If all goes well, Facebook could easily surpass $1 billion in revenue next year as the site grows beyond 500 million users.
Growth for Facebook does appear to be slowing down, however a 30 percent growth in the company’s user base is relatively conservative. If at 375 million users the company is able to generate $1 billion annually, Facebook should easily surpass current projections. Facebook is also in the process of making their new Credits platform a more integral part of Facebook.
Growth for Facebook does appear to be slowing down, however a 30 percent growth in the company’s user base is relatively conservative. If at 375 million users the company is able to generate $1 billion annually, Facebook should easily surpass current projections. Facebook is also in the process of making their new Credits platform a more integral part of Facebook.