Facebook posted its second quarter earnings for investors today. The social media giant reported $6.44 billion in revenue and $2.05 billion in profit. That’s a 59 percent increase over the $4.04 billion in revenue during the same period last year. Its monthly active users now number 1.71 billion, a 15 percent increase from this same period last year. If Facebook continues growing at this pace, it will have over 2 billion monthly active users by the end of next year.
Since its IPO four years ago, Facebook’s stock price has more than tripled. With Facebook, Messenger, and WhatsApp each being used by over 1 billion people, the company has proven that it can continue to grow. Facebook also appears to have figured out how to effectively...
