Facebook's mobile surprise allays growth fears

By Alexei Oreskovic

SAN FRANCISCO |
Tue Oct 23, 2012 10:29pm EDT

SAN FRANCISCO (Reuters) – Facebook Inc grew mobile promotion income several times in a third quarter, a faster-than-expected gait that helped expostulate shares in a world’s No. 1 amicable network scarcely 13 percent higher.

Facebook pronounced on Tuesday that it now gets 14 percent of a promotion income from mobile ads, assisting to encourage investors that a amicable network is commencement to figure out how to acquire income off smartphone and inscription users.

Mobile ad revenues totaled roughly $150 million, adult from an estimated $40 million to $50 million in a second

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Source:
http://www.news.ezonearticle.com/2012/10/23/facebooks-mobile-surprise-allays-growth-fears/