Facebook Inc. (NASDAQ: FB) posted quarterly numbers that exceeded Wall Street’s expectations, and Apple Inc.’s (NASDAQ: AAPL) numbers where a disappointment. The changing of the guard at the top of the tech world is not in its middle stages. It already has happened.
Facebook’s monthly active users have hit 1.65 billion. That is 23% of the world’s population. And the growth of that number has slowed, but not enough to keep it from reaching 2 billion within three or four years.
Facebook’s revenue rose 53% in the past quarter to $5.2 billion, a fraction of Apple’s. However, Apple is shrinking, and Facebook is not the only huge global social medium. Twitter Inc. (NYSE: TWTR) has 310 million active monthly users. LinkedIn Corp. (NASDAQ: LNKD) and Pinterest have counts over 100 million.
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