Instagram, a major Android hit in 6 days

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Instagram Android receives five billion downloads in a mere six days after its release, according to USA Today.

On Apr. 9, Facebook bought the 13-employee company for $1 billion, making the split among employees about $76 million each.

According to the L.A. Times, the success of Android's Instagram is minute in comparison to when it was released to the iPhone; it took about six months to achieve the same milestone as Instagram Android.

Facebook founder and Chief Executive Mark Zuckerberg wrote about the purchase of Instagram, as L.A. Times incorporated: "It's the first time we've ever acquired a product and company with so many users. We don't plan on doing many more of these, if any at all. But providing the best photo sharing experience is one reason why so many people love Facebook and we knew it would be worth bringing these two companies together."

In both articles, it was mentioned that Zuckerberg claims to keep the company independent.

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This page contains a single entry by sank0054 published on April 10, 2012 11:09 AM.

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