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JAN 30, 2013 - Betabeat

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Facebook Execs Stop Just Short of Tap Dancing in Celebration of Mobile Revenue

(elitedaily.com) Doesn't it seem the Facebook IPO was just yesterday? And yet here we are at the company's third earnings release, which brings promising news. In fact, we're a little surprised the Facebook execs on the earnings call didn't punctuate their remarks with jazz hands. That's because, 23 percent of the company's $1.33 billion in Q4 ad revenue came from mobile. That's a jump from Q3, when it was about 14 percent. And it's a big jump from last year, when it was basically zero. Overall ad revenue was also up 40 percent. "Today there's no argument -- Facebook is a mobile company," ... Read More

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