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Facebook Mobile Revenue Growing

Facebook posted its financial results for the fourth quarter of 2012 today, reporting revenues of $1.58bn, an increase of 40 percent from the same quarter in 2011.

Facebook's fourth quarter results reflected a shift to increased focus on mobile, with revenues from mobile advertising accounting for 23 percent of total advertising revenues, up from 14 percent in the previous quarter.

Source: The Inquirer. Read full article. (link)

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