Facebook has added 60 million users per month in the past three months to reach a staggering 1.71 billion users while scoring $6.44 billion in revenue – blew some early estimates for $6.02 billion.
Facebook is the 16th best out of the 17 quarters since it went public at $38 per share, according to Tech Crunch.
“Our community and business had another good quarter. We are particularly pleased with our progress in the video, as we move to a world where video is the basis of all of our services,” said Mark Zuckerberg, Facebook founder and CEO, in a statement.
Nevertheless, the massive popularity of augmented reality game Pokemon Go broke many records. While on a daily basis, it is used more than twice the Facebook app on Android, insanely popular app from Niantic Labs has the greatest number of downloads in the first week after Apple released its iOS App Store eight years ago.
During the first week, Pokemon Go users spent approximately 75 minutes a day to play against a total of 35 minutes on the Facebook applications.
When comparing daily usage, a week before and a week after the release of Pokemon Go, 7Park data discovered that the game has caused daily usage for YouTube to fall by 9% and daily usage of Snapchat fall by 18%.
The augmented reality games has also become the most downloaded mobile applications in the first week of release in the history of App Store, according to The Verge, confirming from Apple.