Facebook Corporation is at an early stage in the process of achieving 2 billion active users.
On Wednesday, the social network reported audience growth in the first quarter to 1.94 billion monthly. In the previous quarter, the figure was 1.86 billion, while a year ago -. 1.65 billion
Moreover, more than 1.28 billion people use Facebook every day, which is 18% more compared to last year.
According to Michael Pahtera, Wedbush analyst, an unprecedented audience of Facebook gives the company "an overwhelming competitive advantage." However, there are negative aspects.
Despite the fact that Facebook revenue for the quarter was $ 8 billion, which is higher than Wall Street expected, sales growth is starting to slow.
Facebook Total sales for the quarter increased by 49% compared with the same period a year earlier. Thus, the company's sales grow by 50% or more for the past five consecutive quarters.
On Wednesday, Facebook shares fell 3% after the close of trading in New York.
In recent months, the social network has been criticized for inaccurate data, publication feykovye news and videos with violent content.
On Wednesday, the company's management announced plans to hire 3,000 new employees, which will help to strengthen the control over this kind of content.
Based on materials WELTRADE
