Facebook Q4 2013 earnings beat expectations, mobile now makes up more than half of revenues

Facebook has released its results for the fourth quarter of 2014 and the numbers are strong. It posted $ 2.59 billion in revenue and earnings of 31 cents a share. Analysts were looking for Facebook to pull in $ 2.33 billion in revenue with earnings 27 cents a share. That compares to $ 1.59 billion and 17 cents a share for the same period last year. It’s also a touch about the $ 2.02 billion and 25 cents a share Facebook notched last quarter.

It was nine months ago that Mark Zuckerberg introduced Facebook Home, an ambitious attempt to have the social network become the operating layer for mobile devices. That effort seems to have largely been a flop. The company’s biggest success of 2013 was Messenger, a slick, focused app that has stayed…

Continue reading…

The Verge – All Posts

Leave a Comment