Facebook is making money hand over fist despite warning of impending fallout from new iOS privacy features Apple introduced in April.
The social network raked in $28.6 billion in advertising revenue for the second quarter of 2021, up 56% from the same period last year. Advertising accounts for nearly all of the company's income, with total revenue coming in at $29.1 billion.Facebook more than doubled its profits from the previous year with a $10.4 billion performance, up from $5.2 billion in 2020.
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Facebook reports record ad revenue after grousing about iOS privacy features
Reviewed by Ghaniiero
on
juillet 28, 2021
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