Report: Facebook Revenue Was $1.6B In First Half Of 2011, Net Income $500M

It's your mid-year Facebook revenue update; When we last spoke DST and Goldman Sachs' investment in Facebook has brought to light some interesting revenue numbers, namely that Facebook had a net income of $200 million in 2009, on a revenue of $777 million.�While the Goldman documents did not give numbers for all of 2010, analysts and reports held that Facebook's income for the year could have been as high as $2 billion, with a net income of $600 million.

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