
Controversy Sells. Ask Facebook.
Interactive Video
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Business, Computers, Social Studies
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9th - 12th Grade
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Hard
Wayground Content
FREE Resource
Facebook reported a 35% increase in revenue to $29 billion and a 17% rise in profit to $9.2 billion for the quarter ending in September. Advertising revenue grew by 33% to $28.3 billion, while other revenue, mainly from virtual reality hardware, surged by 195% to $734 million. The user base expanded to 3.6 billion monthly users, a 12% increase from the previous year. CEO Mark Zuckerberg announced a strategic shift to focus on younger adults, making them the company's priority over older users.
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