People in the U.S. now spend 40 minutes per day on Facebook, CEO Mark Zuckerberg said on the company’s Q2 earnings call on Wednesday.
He qualified that statement by saying people spend about nine hours total on digital media, mobile use and television included. But 40 minutes is still four percent of your waking hours.
Some of that time spent might eventually turn into sending your friends money via Messenger, Facebook’s mobile messaging app. On the call, Zuckerberg said there will be “some overlap” between messaging and payments, but that likely won’t happen anytime soon. The social network recently hired David Marcus, former PayPal president, to become vice president of the company’s messaging products.
Zuckerberg said that people are now sending 12 billion messages each month.
Other notable numbers from today’s earnings call include Facebook’s 1.32 billion monthly active users, an increase of 14% year-over-year, and its mobile monthly active users increased 31% year over year to 1.07 billion. Mobile advertising revenue accounted for 62% of the company’s overall ad revenue.
Yes, a lot of people are still using Facebook, and advertisers like it. The company’s stock price was up almost four percent in after hours trading on Wednesday.
Lead image courtesy of Maria Elena on Flickr
