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Facebook doubles earnings in 2014 through mobileS

1/29/2015

 
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LOS ANGELES - Facebook has exceeded analysts' predictions with annual results of double the net profit posted by the company a year earlier -- thanks to good business growth through mobile devices in 2014. The company earned in 2014 a net profit of $2.9 billion, nearly double the figure of 2013, while Facebook's income last year amounted to $12.4 billion, representing an increase of 58.4 percent compared to the previous year.

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