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Mark Zuckerberg: Instagram And WhatsApp Are Facebooks In The Making

Mark Zuckerberg: Instagram And WhatsApp Are Facebooks In The Making
January 31
08:16 2015

Instagram and WhatsApp have yet to prove themselves worthy of the many billions Facebook spent to buy them, but give it time, says the company’s CEO Mark Zuckerberg. Those platforms are just now reaching the maturity level of Facebook circa 2007.

Zuckerberg spoke Wednesday during a quarterly earnings report that was overall very positive for the tech giant. Due largely to mobile ad sales, revenue was up 49 per cent compared to the forth quarter of 2013. Additionally, Facebook now has 890 million daily users as of December, up 18 percent from the same time the previous year (see the infographic below for more report results).

 

 

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