According to Inside Facebook – the unauthorized blog on all things Facebook – the social network made around $635 million in revenues in 2009 (up from the estimated $280-300 million in 2008) and could make $1-1.1 billion in 2010.

Indeed, Inside Facebook expects Facebook’s tendency to double sales each year will continue over the next few years.

Where is the money coming from? According to Inside Facebook, Facebook’s 2009 revenues break down as follows:

• Brand Advertising: $225 million
• Microsoft Advertising: $50 million
• Virtual Goods: $10 million
• Performance Advertising: $350 million

Source: Eric Eldon, “Facebook Revenues Up to $700 Million in 2009, On Track Towards $1.1 Billion in 2010,” Inside Facebook

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