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Thursday, August 1, 2013

Mobile Advertising Boosts Facebook’s Revenue

The Facebook "like" icon is displayed outside of Facebook's headquarters in Menlo Park, Calif., Jan. 12, 2012. (Paul Sakuma/AP)

The Facebook “like” icon is displayed outside of Facebook’s headquarters in Menlo Park, Calif., Jan. 12, 2012. (Paul Sakuma/AP)

Facebook is reporting strong earnings — shares have gone up more than 50 percent this past month, thanks in part to mobile advertising.

Facebook had no mobile revenue in the first quarter of 2012. But just last quarter, 41 percent of Facebook’s revenue came from mobile.

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Robin and Jeremy

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