Top Stories - Google News: Facebook sees sharp drop in profits - BBC News

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Top Stories - Google News
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Facebook sees sharp drop in profits - BBC News
Jan 30th 2013, 21:49


BBC News
Facebook sees sharp drop in profits
BBC News
Facebook has reported a sharp drop in profits, partly due to increased spending on research and development. The social network site made a profit of $64m (£41m) in the final three months of 2012, against $302m a year earlier. Revenue was up 40% at ...
Facebook Profit Drops on Higher Spending on New FeaturesBloomberg
Facebook fourth quarter results: liveTelegraph.co.uk
Facebook grows revenue 40 percent in fourth quarterReuters UK
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