IntoMobile writes, With it?s earnings report delivered earlier today, Facebook is showing positive progress in its ad revenue since adopting its current monetization model last year. Due to the announcement that Facebook is now pulling in 41% of its ad revenue through mobile advertising, the company?s stock rose more than 17% in afterhours trading today. ??We?ve made good progress growing our community, deepening engagement and delivering strong financial results, especially on mobile. The work we?ve done to make mobile the best Facebook experience is showing good results and provides us with a solid?
Continue reading Facebook Takes In 41% Of Ad Revenue Via Mobile Advertising at IntoMobile
Source: http://mobilitybeat.com/intomobile/123998/facebook-takes-in-41-of-ad-revenue-via-mobile-advertising/
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