The Traderszone Network

Published in TZ Latest News 19 August, 2017 by The TZ Newswire Staff

You Wouldn’t Believe the Size of Facebook, Inc.’s Data Center Spending

The scale of Facebook‘s (NASDAQ: FB) business ensures that many of its operating figures are stunningly large.

Here are just a few from its most recent quarterly report: Revenue jumped 45% to $9.3 billion as the social media king passed 2 billion active users. The $3.9 billion of earnings it generated in those three months produced a 42% profit margin that puts Facebook in the top 3% of the S&P 500 by that metric.

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