Facebook Reaches 1 Billion Users

Michael Convente October 4, 2012 0
Facebook Reaches 1 Billion Users

Facebook has announced an incredible milestone this morning.  According to a status update from Facebook’s CEO Mark Zuckerberg, the company announced that it has crossed the one billion user mark, and according to specifics released, the billionth user joined on September 14 at 12:45pm.  This means the company has signed up over 35 million new users during the summer since its last update in June, when Facebook announced that it currently had 955 million users.

The journey from college dorm start-up to worldwide phenomenon has only taken eight years, a remarkable feat even in this age of technology and the internet.  It’s almost unthinkable that nearly 1 in 7 people on Earth have a Facebook account.  And when you consider that global internet usage is estimated to be around 2.5 billion people, it makes Facebook’s milestone even more incredible.

Here is the text from Mark Zuckerberg posted this morning on his Facebook profile wall:

This morning, there are more than one billion people using Facebook actively each month.

If you’re reading this: thank you for giving me and my little team the honor of serving you.

Helping a billion people connect is amazing, humbling and by far the thing I am most proud of in my life.

I am committed to working every day to make Facebook better for you, and hopefully together one day we will be able to connect the rest of the world too.

Facebook has also released a video commemorating the milestone and more broadly commenting on how Facebook can connect us and bring us together.

The markets are responding favorably to Facebook’s milestone announcement, as shares of $FB are up in pre-market trading 1.75%.  The more users Facebook signs up the more eyeballs are available to view ads, which still remains Facebook’s number one revenue source, though the company has been diversifying more of late.

What are your thoughts about Facebook reaching 1 billion users?  Let us know in the comments!

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