Facebook Shares Jump 30% - As It Changes Course
by Little Apple
Unless you have been away from electronic devices that communicate with the outside world over the last 24 hours, you have been bombarded with the biggest "turn around story" to hit Wall Street in quite some time. On Wednesday evening Mark Zuckerberg opened the Facebook (FB) conference call with news that the company had beat analysts' expectations for Q2 by a landslide. Even more newsworthy was the fact that they did it with mobile ads, which were 41% of total ad revenue. And he believes the mobile numbers will provide even more revenue in the future: read more »
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