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Facebook makes its money from selling ads. You can see this in its revenue report, https://investor.fb.com/investor-news/press-release-details/2018/Facebook-Rep
by gaogao 8y ago
Facebook makes its money from selling ads. You can see this in its revenue report, https://investor.fb.com/investor-news/press-release-details/2018/Facebook-Reports-Fourth-Quarter-and-Full-Year-2017-Results/default.aspx https://investor.fb.com/investor-news/press-release-details/...
Of course, these ads are highly targeted using all sorts of personal data, but they aren't actually selling the data, as that's also just less profitable.
- no1youknowz 8y agoI know that. But is there a distinction in advertising between: 1) Allowing users to use the data for making ads. 2) Selling the data to companies such as Apple for other means. There isn't any visibility. This is what I'm trying to get at.
- gaogao 8y agoFrom another report, >> Mobile advertising revenue – Mobile advertising revenue represented approximately 91% of advertising revenue for the first quarter of 2018, up from approximately 85% of advertising revenue in the first quarter of 2017. In particular, Facebook makes its money from mobile ads