FaceBook Earned 800$ Million In 2009 Says A Report

Facebook’s revenue in 2009 was nearly $800 million, and the company turned a part of it into a solid net profit, according to Reuters.

The number is significantly higher than earlier estimates of $500 million revenue in 2009, and even the projected $710 million revenue in 2010. Facebook, as usual, declines to comment on any of these numbers, but we know that somewhere in 2009. Facebook became cash-flow positive.

“They are downplaying their performance. There’s no upside in getting people’s expectations high, it’s always better to go low,” said one of Reuters’ sources. It could be true: if Facebook is heading towards an IPO, it’s definitely better to be able to show big growth than to boast high numbers now, and end up unable to beat them after.

If these new estimates are true, this is great news for Facebook, which has been on the ugly side of a privacy-related scandal that ended up reaching the cover of Time Magazine and had Mark Zuckerberg, the site’s founder and CEO, apologizing for the company’s misdeeds. As long as the earnings and growth is strong – and according to the latest numbers from Compete, Facebook is still growing quite fast – Facebook will have time to tinker and experiment with privacy to find out how far it can go before causing a backlash.

Well the above report was obtained and gained by Mashable ,well if I tell you in simple and little words Facebook just made 800$ Million dollars last year and they are still growing quite quickly.In my personal opinion if Facebook gets that much huge traffic and if still they don’t earn that much well then that is something to think about isn’t it ?