Forecast has Facebook ad revenue reaching $4.2B this year

04/23/2012 | MediaPost Communications

Facebook's ad revenue is projected to grow 32% in 2012 to $4.2 billion, according to a Pivot Research Group forecast. The social network is expected to reach $12.6 billion by 2017, with revenue from advertising dropping from the current 85% to 70% as Facebook makes moves to make more money from e-commerce and other sources.

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