Facebook Largely Remains US & Canada Story

Facebook now has 1.7 billion users accessing the platform every month worldwide.

Of those 1.7 billion users, 66% access the platform daily.

Revenue growth worldwide year over year was 33%.

That growth was driven largely by the US & Canada that is now earning $14.34 per user for a 54% increase year over year vs. 49% last quarter. The US & Canada average revenue is now 3x that of the next closest market Europe. By comparison, Europe grew 40% on a much smaller base. 

Facebook largely remains a US & Canada story. The acceleration in the latest quarter shows no slowing for the top market but Europe and Asia must show acceleration to ensure Facebook further diversifies.