Facebook Revenues To Cross $1 Billion In 2010

Inside Facebook has made some really detailed calculations over what Facebook could have earned in the past one year and how much the company could be making moving ahead.

According to these observations, the world’s biggest social network could have made close to $700 million that can expect to grow to $1.1 billion through this year.

A majority of the revenues in the past year has, as expected, come from brand advertising and performance advertising – nearly $575 million. The rest of the share is made from sale of virtual goods and through its deal with Microsoft.

However, as you would know, Facebook is working on a payment gateway and if it launches this year, we may expect a huge turnaround in the amount of money made from virtual goods. It can in fact be the main revenue driver for the company.

What do you think?

[via Inside Facebook]

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