Facebook To Hit 1 Billion Users This Summer

Facebook now have more than 800 Million registered users and will definitely cross 1 Billion mark.  Gregory Lyons, analyst at iCrossing predicted that time to be August.

By looking at the growth of previous years and extrapolating the graph he got rough estimate. Here’s the graph showing Facebook growth.

Facebook growth is now stagnant in countries like UK and US but in developing countries like India and Brazil it’s growing at tremendous rate. With only 3% of Indians using Facebook till now there is a huge scope of growth.