A Look At Facebook's Exploding Mobile Ad Business

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		Home Tech Finance Markets Politics Strategy Entertainment Advertising Retail Sports Life Thursday, July 25, 2013 A Look At Facebook's Exploding Mobile Ad Business When Facebook filed to go public, it warned that it made no money from its mobile user base.  "We do not currently directly generate any meaningful revenue from the use of Facebook mobile products, and our ability to do so successfully is unproven," said Facebook in its filing to go public.  A year later, it's a completely different story for Facebook.  The company generated $656 million from mobile advertising, 41% of its total ad revenue, and 36% of its total revenue, in the second quarter of 2013.  As you can see in this chart, Facebook's mobile business is exploding, which is good since the rest of the business is relatively stagnant.  Read » Also On Tech Today: Netflix's Newest Original Series Is Beyond Weird These 5 Mobile Video Data Points Will Blow Your Mind Advertisement CHART OF THE DAY: What The Heck Happened To Apple's iPad Business? CHART OF THE DAY: Apple's Growth Disappears CHART OF THE DAY: Apple's Real Earnings Expectations Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Tech RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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