Facebook's Steadily Growing Mobile Ad Business

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		Home Tech Finance Markets Politics Strategy Entertainment Advertising Retail Sports Life Wednesday, May 1, 2013 Facebook's Steadily Growing Mobile Ad Business A year ago Facebook was going public. At the time, one of the biggest worries about the company was its ability to handle the transition from the desktop to mobile. After all, it hadn't generated a dime of mobile revenue. Today, the company reported 30% of its ad revenue was mobile. That's $375 million, up from $306 million, or 23% of ad revenue the quarter before. The bulk of Facebook's revenue is still coming from the desktop, which is worrisome. But, considering that its mobile business was non-existent last year, this is very promising. Read » Also On SAI Today: LIVE: Facebook Beats Revenue Expectations, Misses On Profits, Does Well In Mobile Ads Facebook's Q1 Investor Slides: What Zuckerberg Is Telling Wall Street Right Now Advertisement CHART OF THE DAY: This Is A Business That Will Die In Five Years, According To BlackBerry's CEO CHART OF THE DAY: The New York Times Paywall Subscription Growth Slows Down CHART OF THE DAY: Apple's Margin Continue To Shrink Faster Than Expected Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: ipat39@gmail.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the SAI RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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