Facebook Posts Q1 Figures

Facebook posted their revenue for Q1 this week – revealing that the social media giant brought in about $2.5 billion during the first 3 months of 2014. Much of the growth in revenue can be attributed to mobile advertising, which accounts for 59% of Facebook's overall ad rev. The company also revealed that it had 1.01 billion mobile users and 341 million users that are mobile-only. Read the full report on Facebook's Q1 2014 earnings here.