Facebook Revenue In 2010: Maybe $1 billion

Much has been spoken about when it comes to Facebook, but who would have thought that it would turn into a company turning over between $1 billion and $1.1 billion by the end of the year. This is the figure that Mashable are discussing, much larger than the Wall Street estimate of $710 million a few months back.

The article also suggests that Facebook could have earned around $600 to $700 million last year. This certainly shows how popular the social media network site has become, and looks set to continue, you only have to look at some of the deals that Facebook and Twitter have secured with Google and MSN, which you can read more about by visiting Product Reviews.

These figures are not to be taken as accurate as Inside Facebook has provided them, although it has to be the clearest picture so far in to the finances of the social media network site. The largest stream of income comes from performance advertising; this could be up to half of Facebook’s estimated earnings back in 2009.

Brand based advertising has also generated an estimated $225 million, with a further $50 million coming from Microsoft advertising. One thing is certain, if Facebook continues this current path then 2010 will allow them to join the $1 billion club.