Facebook profits up by 40%

Facebook's revenue in the final three months of 2012 has gone up 40% compared to 2011 - to $1.585 billion. The firm's latest financial report shows daily active users at 618 million on average in December, with monthly active users at 1.06 billion.

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Facebook's revenue soars 40% in a year

Facebook's revenue in the final three months of 2012 grew 40% compared to a year earlier - to $1.585 billion. The latest financial report shows daily active users hit 618 million on average in December 2012, with monthly active users at 1.06 billion.

Facebook's revenue Credit: Facebook

More of us are also going mobile. There are 680 million monthly active mobile users compared to 618 million active non-mobile users.

In a statement, Facebook CEO Mark Zuckerberg said: "In 2012, we connected over a billion people and became a mobile company. We enter 2013 with good momentum and will continue to invest to achieve our mission and become a stronger, more valuable company."

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