Facebook Q3: Advertising Revenues Up 36% To $1.09B, Now 86% Of The Total Mix.

view full story

http://techcrunch.com – Facebook’s big push on advertising in the last quarter is paying off for the company, judging by the growth in revenues. The company says that in Q3, it made $1.09 billion in advertising, a 36% increase from the same quarter last year and also a sequential increase compared to Q2′s $992 million in ad sales. It’s also becoming an increasingly important part of the revenue mix: it is now 86% of total revenues, compared to 84% last quarter. “The goal of our advertising business is to get users to interact,” said COO Sheryl Sandberg. While Facebook is looking to push (IT news)