Mobile Now Responsible For Over Half Of Facebook S Revenues
Now that Facebook is a public company, they have to report their financial results every three months. Yesterday night, the company detailed their Q4 2013 numbers. I won’t get into all the details, but I do want to share two numbers. In Q4 2012, basically one year ago, mobile revenues made up 23% of Facebook’s advertising revenues. That number has now more than doubled to 53%. The company’s Chief Financial Officer, David Ebersman, says it best:...