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Facebook sales rise 40% as mobile ads expand

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31 Jan 2013 09:47 #120522 by chairman
Facebook's fourth-quarter earnings and sales beat Wall Street estimates, but mobile remains Wall Street's top focus -- and investors briefly freaked out when mobile user growth wasn't as robust as last quarter.

Shares of Facebook (FB) plunged as much as 10% in after-hours trading, but recovered to a more modest 4% drop. The number of monthly active users on Facebook's mobile site and apps grew 57% over the year to 680 million. Still, that wasn't as strong as the 61% over-the-year jump Facebook had in the third quarter.
Always tell someone how you feel because opportunities are lost in the blink of an eye but regret can last a lifetime.
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