Despite the breakthroughs... Facebook generates imaginary profits

Washington _ Agencies

In the third quarter of the year, Facebook earned more than expected profits, despite the breakthroughs of the famous site, some of whom thought it was affecting its profits.

"Forbes Middle East " said the site made a quarterly profit of 5.14 billion dollars, equivalent to $1, 000 per share, exceeding the forecast of 1.48 dollars per share.

The third quarter income amounted to 13.73 billion, an increase of 33% over the same period last year.

Total expenditures in the third quarter increased to 7.95 billion dollars, up 53 percent year-on-year.

By the end of September/September, the "Facebook " had announced the penetration of about 50 million affiliate accounts on the "Facebook " platform.

"Facebook " said in an official statement published on its blog, that its engineering team discovered on September 25, September, a security problem that affected nearly 50 million of its accounts.


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