October 5th, 2012
03:16 PM ET

The Number: Facebook reaches 1 billion users

Facebook CEO Mark Zuckerberg confirmed that the social networking site reached 1 billion active users worldwide yesterday. That’s good news for a company that's faced some recent setbacks, including a fairly disastrous IPO and some privacy concerns.

And despite the billion-user milestone, the growth has slowed somewhat recently. Last quarter, 57 million fewer people registered with Facebook than during the first three months of 2012.

But tonight's number offers some hope –  600 million. That's the number of people – more than half of that impressive 1 billion – who use the mobile version of the site. And according to new reports, the mobile ads are outperforming those on computers. As Zuckerberg himself has emphasized recently, that's likely where the future of the company lies.

Filed under: Tech • The Number
soundoff (2 Responses)
  1. thetruckinglife

    i tried using facebook at one time. first it was myspace then facebook. neither kept me on board. been using twitter ever since february 2010 and i am hooked.may give Linkedin a look since out front now has an account there.

    as far as facebook reaching 1 billion users, umm. how is that stock doing now days? lol

    October 7, 2012 at 3:31 pm | Reply
  2. Joey at Purdue Univ

    Once big business gets proficient at the valuation of intellectual property, I bet we'll have another Industrial Revolution. However, not everyone can hire a consultant from McKinsey, and even then it's still pretty unpredictable.

    (Also, congrats on Yr 1. Molly Katchpole & B of A seems like a long time ago.)

    October 5, 2012 at 5:15 pm | Reply

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