Revenues have doubled Facebook

Facebook's revenues have doubled during the first half of the yearand have reached $ 1.6 billion according to a report publishedrecently.
Reuters notes that Facebook's net income for the period in question have reached 500 million dollars. As a private company, Facebook does not publicly report financial reports but eMarkterpredicted that the company will have global revenues of 4:05 billion dollars for 2011.
And a spokesman for the eMarketer noted that detailed data byReuters is in coordination with their reports because of the thirdquarter and fourth bring more revenue than a quarter of the first andsecond.
The report arrives at a moment when the value of the companyreportedly reached 100 billion dollars, and the IPO is expected to occur in 2012.