Facebook hits one billion users

October 4, 2012 12:07 pm


Interviewed on the NBC Today show, Zuckerberg called the milestone “unbelievable.”/XINHUA-File
NEW YORK, Oct 4 – Facebook said on Thursday that it now has more than a billion users, in a new milestone for the world’s biggest social network.

Co-founder and chief executive Mark Zuckerberg made the announcement, saying the number is “humbling.”

“This morning, there are more than one billion people using Facebook actively each month,” he said in a statement.

“If you’re reading this: thank you for giving me and my little team the honour of serving you. Helping a billion people connect is amazing, humbling and by far the thing I am most proud of in my life.”

Interviewed on the NBC Today show, he called the number a major achievement.

“To be able to come into work every day and build things that help a billion people stay connected with the people they care about every month, that’s just unbelievable,” Zuckerberg said.

Facebook said it reached one billion monthly active users on September 14 at 12:45 pm Pacific time. That includes 600 million mobile users.

In its last update in June, Facebook said it had 955 million users including 543 million using mobile devices.

The California company launched a public offering in May, but has seen its share price tumble amid concerns that it may not be able to grow revenues as users migrate to mobile devices.

Facebook shares, which hit the market at $38 in May, closed Wednesday at $21.83, but in pre-market trade was up 1.9 percent at $22.25.

In the NBC interview, Zuckerberg said the company was moving forward despite some rough patches.

“Things go in cycles. We’re obviously in a tough cycle now and that doesn’t help morale, but at the same time, you know, people here are focused on the things that they’re building,” he said.

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