Let’s Know About : Facebook Is Making Money
Who doesn’t have a facebook account ? everyone has one 
The world that best fits is, addiction , yes !! we are all addicted to Facebook , and we check our profiles at least one time per day .
But Facebook as a company ? is it making real profit as we may all think ? the answer used to be no, but things are changing 
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The global social networking website has reached 300 million subscribed members and is now able to make benefices.
The very famous American social network took a major step by announcing that it has finally become profitable. Mark Zuckerberg, CEO and cofounder of Facebook Affirmed that few months ago, facebook expected to achieve a positive cash position in the beginning of 2010. But unlike it was predicted, This has been achieved in the last quarter of 2009. Facebook can’t deny that The economic dimension is very important and crucial, because it allows Facebook i to be an independent entity in the long term.
Five years after its creation , Facebook has solved the economic equation that concerns all of the community websites. Many of them do meet a success, but only few of them can make money out of it . The financial stability will allow Facebook to face the future calmly, showing a preference for the IPO to be redeemed by an Internet giant like Google.
To the eye of observers, Facebook has been able to achieve this result by controlling its costs carefully. Up to 70% compared to 2008, its turnover is very small compared to its size. Facebook, which has just reached the milestone of 300 million active members, would generate only $ 500 million in 2009, according to Mark Andreessen, a member of the Executive’s social network.
For comparison, let’s take its rival MySpace (News Corp).which Had generated nearly one billion dollars in sales with only 115 million unique visitors per month last year. Similarly, Yahoo! generates $ 7 billion per year with 570 million unique visitors per month worldwide.
A very rapid growth.
The audience of Facebook is growing rapidly. With over than 50 million new accounts created in the two previous months. The threshold of 200 million members was passed in April, the 150 million four months earlier.
But things weren’t always that easy for Facebook, indeed , it has taken three years to reach the first 50 million members (October 2007), then doubled that number in August 2008. This dynamic could affect its profitability if revenues are not progressing faster than expenses.
I also personally believe that , the economic model which Facebook tries to set, even if it required few years to start generating funds , once it started making money, it won’t stop , who knows maybe in few years , Facebook will make as much money as Google makes or maybe more.
