Facebook revenues estimated at $1 billion for 2010

Facebook’s revenues could be up to an estimated $1.1 billion in 2010, according to insidefacebook.  Facebook is very tight-lipped about how much income the website generates, from advertising, gifts and other third-party deals, when the likes of Microsoft invested heavily into Facebook.

Facebook pulled in an estimated $150 million back in 2007, where that number double to an estimated $280 - $300 million in 2008, which again doubled in 2009, estimated between $600 - $700 million.  Experts can only speculate how much revenue Facebook earns each year, estimated at $1.1 billion for 2010.

However, Facebook is still a privately owned company, according to company officials the records are kept very private:

”Facebook is a private company, and we do not publicly disclose our financial results.  We understand there is a great deal of interest and curiosity in our past and potential financial performance.  However, external attempts to forecast revenue are fundamentally speculative and should be treated as such.  We’re focused on building our business to be successful over the long-term.”

Nicholas Carlson, from businessinsider, managed to gather some insight on Facebook’s financial records from sources close to the company.  None of the sources know exactly how much Facebook earns, but gave some estimates on how much it earned in 2009:

  • $125 million from brand ads
  • $150 million from Facebook's ad deal with Microsoft
  • $75 million from virtual goods
  • $200 million from self-service ads.
    Total: $550 million
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